It's So Hard to Say Good-Bye...

It's hard to say good-bye to an old friend, kinda like seeing your favorite store close. That's exactly what we've been doing for the last year. Saying good-bye to old friends like Linens 'n Things, The Sharper Image and The Bombay Company. Some retailers like Circuit City said they're just closing some stores to try to stay open, but the outlook is not good. I'll sorely miss Linens 'n Things, where you could get a decent set of sheets for under $50 and nice-looking bathroom and kitchen gear. I outfitted my first house with items from Linens 'n Things.

By Tania Anderson |  January 6, 2009; 12:00 AM ET General Interest
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LinensNThings will surely be missed by my entire family.It was once the greatest - not the biggest, but the best in its industry. Great values, great people, friendly service and managed brilliantly back in the Late 80s and well into the early 2000s. Publicly traded from 96 - 2006, you never got the feeling they were a 'big box retailer' but yet they gave you a familial experience. Private Equity firms are the ruination to all these wonderful retailers that once made our retail landscape beautiful. A sad story that not only affects us, the public, but our economy. Yes we will miss L&T and a few others, more than you will EVER now.

Posted by: fishingman07 | January 6, 2009 9:13 AM

Don't worry. Bed, Bath & Beyond will still be there as will Pier 1 and World Market. There are still plenty of stores for the too-good-for-Walmart crowd.

Posted by: Strawberry23 | January 6, 2009 9:52 AM

Is there a difference between LNT and BB&B? I always thought that the merchandise and pricing at both stores were more or less identical. We never shopped much at LNT, but got some amazing deals during the liquidation. My wife bought a whole bunch of Corning Ware sets for shower gifts along with eight counter-height stools for our newly remodeled basement home theater.

The last couple of weeks, however, were weird as it seemed like the "retail" prices went up 2x or 3x before the 70% discount and the merchandise was a mixed bag of stuff that just appeared out of nowhere. It was a bit sad watching people disassemble the displays to recover the slat walls and crown moulding.

Posted by: skipper7 | January 6, 2009 12:39 PM

I think the voting shows why these stores are going out of business.

Also the ruination of stores was trying to be everywhere - a lot of stores should have stayed regional or local.

Posted by: rlj1 | January 6, 2009 1:38 PM

When a store like Linens N Things goes out of business, the final sales are handled by a liquidation company. In order to sell everything at 70% off, they first put the prices back to full retail, then take the 70% off. So some stuff may have actually been cheaper on clearance before the liquidation. We stopped at one such sale at the Linens N Things near Ellicott City around Thanksgiving. I don't know where they hauled the merchandise in from, but it wasn't the regular stuff that store had sold previously. Mostly it was a bunch of junk.

Posted by: margaret6 | January 6, 2009 1:38 PM

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