After nearly three decades in the flooring business, LL Flooring, once known as Lumber Liquidators, is shutting its doors for good. As one of the most recognized flooring retailers in the U.S., this news has surprised many, but it also presents a unique opportunity for homeowners looking to score great deals during the closing sale.
Let’s dive into the details.
LL Flooring Will Liquidate
LL Flooring, which filed for Chapter 11 bankruptcy in August, had hoped to find a buyer to save the business. Unfortunately, after weeks of negotiations, no suitable buyer was found, and now the company will liquidate its remaining assets. Starting on September 6, the company will launch a massive clearance sale across its remaining 200 stores, marking the end of its era.
The liquidation process is expected to last about 12 weeks, with approximately 2,000 employees losing their jobs. If you’re looking to upgrade your floors, now’s the time to explore LL Flooring’s discounted inventory, but be mindful that installation services will no longer be offered.
What Happened to LL Flooring?
LL Flooring’s journey began in 1994 under the name Lumber Liquidators. Initially, the company bought and sold excess wood, and quickly grew into one of the largest suppliers of hard-surface flooring. At its peak in 2018, LL Flooring boasted over 400 locations.
But the company faced significant challenges. A 2015 investigation revealed that some of its products contained formaldehyde levels exceeding regulatory standards, damaging its reputation. Despite rebranding in 2021, LL Flooring struggled to regain its footing, ultimately leading to its bankruptcy filing.
The Final Sale: What You Need to Know
As the liquidation begins, LL Flooring is offering substantial discounts on its products. If you’ve been considering a flooring upgrade, this is a rare chance to snag high-quality hardwood, laminate, and vinyl flooring at clearance prices. However, you’ll need to act fast—inventory will move quickly, and once it’s gone, it’s gone for good.
While LL Flooring promises to fulfill existing customer orders within 30 days, they have confirmed that no new installation appointments will be available after September 6.
Looking for Alternatives?
If you’re in the market for new flooring but missed the LL Flooring sale or prefer installation services, there are still options. Many other retailers continue to offer competitive deals, and some even include installation as part of the package. But if you’re short on cash for these upgrades, don’t worry—there’s help available.
Why Choose ZeroGravity for a Loan if You Want to Change the Floor?
Upgrading your home can be a significant investment, and if LL Flooring’s sale isn’t enough to cover your needs, ZeroGravity can help. Our flexible loan options can provide the extra financial boost you need to transform your home’s floors. So why wait? Apply today and take the first step toward a refreshed space.
Your dream floors are just one loan away!
