Richmond, Virginia-based LL Flooring (formerly Lumber Liquidators Flooring), a retailer of hard-surface flooring, including hardwood, laminate, vinyl plank, tile, bamboo, and cork flooring, as well as flooring tools and accessories, has announced that it will shut down its operations and close all 424 locations nationwide.
Approximately 2,000 employees will be impacted, including for 300 workers at its headquarters and 119 employees at its distribution center in Sandston, Virginia.
A spokesperson issued a statement that noted, “This is not the outcome that any of us had hoped for. We have been working hard to pursue a going-concern sale of LL Flooring. We have actively negotiated with multiple bidders, but these discussions have not resulted in an offer with the necessary financing that would maximize the value of LL Flooring. As a result, it is with a heavy heart that we must let you know that we are going to begin the process of winding down LL Flooring’s business and closing all of our stores.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall; why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?
