LL Flooring will keep hundreds of stores under new owner
(WISH) — LL Flooring will keep some stores open — including 5 in Indiana — after securing a last-minute buyer.
Just weeks after filing for bankruptcy, the hardwood flooring retailer signed an agreement with private equity firm F9 Investments for a sale of its business.
Under terms of the deal, F9 will keep open 219 stores and will close 211. Five Indiana stores will remain open. Four will close; they’re in Indianapolis, Greenwood, Lafayette, and Muncie.
The deal was expected to be complete by the end of September.
This story was created from a script aired on WISH-TV.
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