Quick, spend all those 20% off coupons you’ve been hoarding: Linen’s N Things filed for Chapter 11 bankruptcy protection. [NYT]

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  1. Jevia says:

    I wonder if that will affect the two $20 rebates from LNT that I’m supposed to receive in the next couple of weeks.

  2. Diet-Orange-Soda says:

    How are the small businesses doing in these financially rocky times? Maybe we’ll go through a retail cleansing with these big box stores dieing off and mom & pop places emerging victorious.

  3. chiieddy says:

    Bed, Bath & Beyond will honor Linens N Things coupons if they share a market.

  4. sn1per420 says:

    @chiieddy: Each will honor the other’s 20% off coupons, but only if they haven’t expired. They’ll both take their own expired ones though.

  5. notallcompaniesareevil says:

    “Quick, spend”?! It’s all part of the economic stimulus package.

  6. puddleglum411 says:

    This isn’t terribly surprising, considering thier whole business model was:
    1) Mark up everything 20%.
    2) Flood everyone’s mailboxes with 20% off coupons.
    3) Rely on consumers to not figure this out.
    4) Profit!!!