LL Flooring Files For Bankruptcy

LL Flooring, formerly known as Lumber Liquidators Flooring, is an American retailer of hard-surface flooring founded in 1994 and headquartered in Richmond, Virginia. It specializes in hardwood flooring, laminate flooring, vinyl plank flooring, tile flooring, bamboo flooring, and cork flooring, as well as flooring tools and accessories.

According to reports, LL Flooring recently filed for Chapter 11 bankruptcy protection due to decreased demand in the sector as well as macroeconomic conditions like inflation.

The report further mentions that the company plans to close 94 of its stores across the United States; negotiations are ongoing with multiple bidders as it plans to sell the business as part of the bankruptcy filing.