LL Flooring to close 94 stores as it files for bankruptcy

Retailer LL Flooring is filing for bankruptcy and looking to close over 90 of its stores, according to a filing with the U.S. Securities and Exchange Commission (SEC).  On Sunday, the company filed for relief under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. It aims to "pursue a going-concern sale of its business," the company said in a statement."After comprehensive efforts to enhance our liquidity position in a challenging macro environment, a determination was made that initiati ...