Linens 'N Things Returns From The Dead In Online Form
Linens 'N Things is back. It's an Internet-only entity for now, and sells higher-end items than the original incarnation. We're talking $1600 linens and marble cheese-serving things here.
Where did it come from? Surprisingly, the brand name was not bought by TigerDirect. The newly formed LNT Acquisition, LLC bought the name, Web site, mailing lists, and proprietary brands for $1 million in the bankruptcy proceedings.
LNT Acquisition is a joint venture between liquidators Hilco Consumer Capital, LLC and Gordon Brothers Brands, LLC. They've purchased familiar-but-liquidated retail brands like Sharper Image and Bombay Furniture Company.
Don't go crying to the new Linens 'N Things if you're still waiting for merchandise or rebates from the original company, though.
Orders prior to 2/15/2009
As you may be aware, Linens N' Things and its related affiliates ("LNT") filed for bankruptcy in the United States Bankruptcy Court for the District of Delaware on May 2, 2008. On February 15, 2009, LNT Acquisition, LLC, the owner and operator of this website, purchased certain assets of LNT, including the brand name and the LNT.com website. If your order was made prior to February 15, 2009 the new LNT cannot help you with locating your goods or rebates. We understand your frustrations and recommend you open a dispute with your credit card company.
LNT Acquisition is a joint venture between liquidators Hilco Consumer Capital, LLC and Gordon Brothers Brands, LLC. They bought the brand name for about $1 million, and have purchased other defunct retail brands like Sharper Image and Bombay Company.
Previously: Linens 'n Things To No Longer Sell Linens, Things
Linens N' Things intellectual property goes for $1M [Dealscape] (Thanks, Ruth!)
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Comments:
@pecan 3.14159265: Need...edit..button...that was Shaun of the Dead. Terrible, terrible mistake on my part. I even thought about watching it last night!
Gee, that should last about five minutes....
Maybe now they can afford nonabbreviated conjunctions and specific nouns. Or, just change their name to "Linens 'N Shit" as we all know it really needs to be.
Yes, because if there's one thing people are buying right now, it's $1,600 linens.
@minsky: it's been around for several months already... not really new info, other than the fact that it went for $1mil
Sharper Image has a big ad on the wall at Dodger Stadium right next to the right field foul pole. They must have some money to blow since I'm sure that ad isn't cheap.
@minsky: I don't know. My local Sur La Table and Williams Sonoma stores are still pretty busy.
And 1 mil?? Sheesh!
Please tell me that the LNT gift card that I threw away (grumble grumble) is still worthless.
@ADismalScience: Then I guess I misread this sentence:
"LNT Acquisition is a joint venture between liquidators Hilco Consumer Capital, LLC and Gordon Brothers Brands, LLC. They've purchased familiar-but-liquidated retail brands like Sharper Image and Bombay Furniture Company."
I worked with CompUSA while they were going under (there is a god up there). Anyway, after watching what the liquidator does, I really dont understand why a retail store (store there to sell stuff) pays a company to come in and.....sell stuff.
Linens and Things was not a good store anyway.
@Dooley: Yep, even though as of one week ago the CVS near me in Chicago was still selling LNT gift cards.
![[1.bp.blogspot.com]](http://1.bp.blogspot.com/_VhJDQuzVjHE/SI4nOkY2GtI/AAAAAAAAAW4/vg-h421YMCA/s400/7-28-linens-shit.jpg){kind=link}
I want to see a zombie store fail, then rise from the dead as an online retailer of zombies. Shawn of the Dead sequel, anyone?