 | |
| Company type | Private— Originally, big box retailer Currently, online retailer |
|---|---|
| Industry | Retail |
| Founded | August 1970 (as retail stores) |
| Defunct | 2008 (stores only) |
| Products | Home Furnishings |
| Revenue | $2.70 billion in 2005[1] |
| Parent | Retail ECommerce Ventures |
| Website | https://lnt.com/ |
Linens 'n Things was a big-box retailer specializing in home textiles, housewares, and decorative home accessories.[2] Based in Clifton, New Jersey, the chain operated 571 stores in 47 U.S. states and six Canadian provinces, and had 7,300 employees as of December 2006.[1] The company's business strategy was "to offer a broad selection of high quality, brand name home furnishings merchandise at exceptional everyday values, provide superior guest service, and maintain low operating costs."[3]
Burdened with debt after private equity buyouts, the company announced it would shutter all remaining stores in October 2008.[4][5] It was relaunched as an online-only retailer in February 2009 at its former domain name, LNT.com, selling similar products as its brick-and-mortar stores had. As an online retailer, it originally ceased operating in 2018.
In July 2020, the rights to Linens 'n Things were acquired by holding company Retail Ecommerce Ventures (REV).[6][failed verification] As of November 2020, the website was relaunched for the second time.[7]
- ^ a b Forbes.com List of Largest Private Companies, accessed April 26, 2007.
- ^ Linens 'n Things trims workforce Archived 2007-07-04 at the Wayback Machine, The Record (Bergen County) by Carol Fletcher, March 16, 2007.
- ^ Company Profile, accessed April 9, 2007.Archived April 5, 2007, at the Wayback Machine
- ^ "Linens 'n Things store closings to begin Friday", accessed October 16, 2008
- ^ "Linens 'n Things liquidating stores". St. Louis Business Journal. 2008-10-17. Retrieved 2008-10-19.
- ^ Verdon, Joan. "Pier 1 Imports Gets A Second Chance Online, From E-Commerce Entrepreneurs". Forbes. Retrieved 2020-08-27.
- ^ Linens 'N Things