/ E-Retailers

Linens ‘N Things sale includes name, brands and web sites

Gordon Brothers Brands, recent buyer of The Sharper Image brand, and Hilco Consumer Capital have purchased the intellectual property assets of Linens ‘N Things. The new iteration is to relaunch later this year as a global licensed brand.

Posted 02/11/2009Mark BrohanPost a comment

/ E-Retailers

Linens ’n Things files for bankruptcy, raises $700 million

Citing economic pressures on the home furnishings market, Linens ’n Things has filed for bankruptcy, but, with $700 million in new financing, plans to be well stocked with merchandise as it reorganizes.

Posted 05/05/2008Katie DeatschPost a comment

/ E-Retailers

General Nutrition Centers chairman to take over as CEO of Linens ‘n Things

Robert DiNicola will succeed Norman Axelrod, the long-time CEO of Linens ‘n Things, as part of the pending $1.3 billion acquisition of the home textiles and accessories retailer by investment groups led by Apollo Management L.P., Linens ‘n Things said.

Posted 02/06/2006Kurt PetersPost a comment

Linens ‘n Things files proxy, aims for merger completion early next year

Citing improved recent financial trends, Linens ‘n Things says it believes it will meet debt financing criteria. The retailer hopes the deal with Apollo Management will help fend off big-box store competition.

Posted 12/28/2005Mary WagnerPost a comment

/ Technology

At Linens ‘n Things online, the “’n Things” now include wine

Home textiles and accessories retailer Linens ‘n Things has entered the retail e-commerce wine business with the launch of LNTWines.com, it was announced today.

Posted 12/13/2005Kurt PetersPost a comment

/ Technology

Home Depot calls a new market segment home

10CrescentLane.com is being developed by Home Depot Direct and is the latest initiative by Home Depot to expand into new direct market segments. It features 10 categories and a catalog quick order feature to order by SKU, item or catalog number.

Posted 11/08/2005Kurt PetersPost a comment

/ E-Retailers

Investors buy Linens ‘n Things for $1.3 billion

An investment group led by Apollo Management L.P. has agreed to pay about $1.3 billion for Linens ‘n Things Inc., Apollo said today.

Posted 11/08/2005Kurt PetersPost a comment

/ Technology

Linens ‘n Things expands it online gifts registry

Now that its operations are more integrated Linens ‘n Things is expanding its online gift registry and products inventory.

Posted 07/27/2005Kurt PetersPost a comment