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LL Flooring — once known as Lumber Liquidators — closing all of its over 400 stores after bankruptcy filing

LL Flooring — once known as Lumber Liquidators — closing all of its over 400 stores after bankruptcy filing

Reports of an impending bankruptcy had been ongoing since July as the company’s sales had been steadily falling over the past few years – likely due to a consumer spending cutback on home renovations amid high interest rates and stubborn inflation.