The first Linens 'N Things store opened in 1975 in West Orange, New Jersey offering high-end linens at discount prices.  Since then, an expanding customer base helped Linens 'N Things grow to become the second largest specialty retailer of home furnishings and decorative accessories with 589 stores across North America.  Linens 'n Things filed for bankruptcy in May of 2008.

 

In February, 2009 - a joint venture led by Hilco Consumer Capital, L.P. (“HCC”) and Gordon Brothers Brands, LLC (“GBB”) acquired the intellectual property assets of Linens ‘N Things, a widely recognized and popular home textiles and housewares brand.  The acquisition includes the established Linens ‘N Things brand name, its bridal and gift registry businesses, all Internet domains, a number of proprietary brands, including, Luxe Versailles,  Attitude, Super Set, Cook at Home and Hotel Living that contributed significantly to the company’s $2.8 billion sales in 2007 from its 25,000 SKU offering.    

 

The strategy will include a combination of retail shop-in-shop, direct-to-retail (DTR) licensing, wholesale licensing by category and geography, as well as e-commerce.  This will enable Linens ‘N Things to branch outside the confines of a single retail chain and onto the shelves of leading retailers throughout the world, including Canada where the company ran a highly profitable chain of 40 stores doing over $300 million in annual sales. The e-commerce platform will feature both the well known international brands as well as the Linens ‘N Things private label assortment.

Linens ‘N Things built an enormous customer following throughout its 34 year history that very few home textiles and housewares brands have achieved.  We’re extremely pleased to reinvigorate a brand that did more than just sell home products and accessories — it inspired loyal customers to create unique personal living spaces.

 

For more information, please visit us at www.lnt.com