Anna's Linens Begins LiquidationFriday June 19th, 2015 - 4:27PM
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Hilco Merchant Resources and Gordon Brothers Group announced today that they have begun going-out-of-business sales at all Anna's Linens retail locations. The United States bankruptcy court awarded the joint venture partners the store closing process on June 18. At the start of the liquidation process, Anna's Linens operated 252 retail locations across much of the U.S and Puerto Rico. The company filed for Chapter 11 bankruptcy protection on June 14. The going-out-of-business sale will entail the total liquidation of all merchandise, much of which has been re-stocked within the past week. Store furniture, fixtures and equipment will be sold as well, the two firms stated. Tags: anna's linens • hilco • gordon brothers • bankruptcy • liquidation • going-out-of-business • sales • textiles • decor • Housewares • Home Décor • Retail •
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After a winter that seemed would never end fades deep into the background, the housewares race is heating up as the all-important second half nears. There is no turning back at this point. But a recap of some of the first-half developments that set the pace for 2015 provides some guidance.
