It's been quite the week in the world of business! First up, retail drama queen LL Flooring had a last-minute change of heart about shutting down all its stores. After securing a buyer in private equity firm F9, they signed on to sell their assets and ongoing operations - crisis averted (for now). Speaking of crises, Big Lots is pulling the plug on itself after st...

LL Flooring, the company that once promised hardwood dreams, is now closing all of its stores after filing for bankruptcy. Less than a month ago, they were hoping to find a buyer, but no one stepped up. The company, formerly known as Lumber Liquidators, had a rocky past. Remember the formaldehyde scandal in 2015? The company had tried to change its image and start...

LL Flooring, the once-familiar name in hardwood flooring, is shutting its doors for good. After filing for bankruptcy, the company couldnt find a buyer, leaving hundreds of stores across the country to close within the next 12 weeks. But what led to this demise? Was it simply bad luck, or were there warning signs missed along the way? Let's break down the key fact...

LL Flooring, once a familiar name in the world of hardwood floors, is closing all its stores. This comes after the company filed for bankruptcy just a month ago and couldn't find a buyer. What led a company with over 400 stores just a year ago to this point? LL Flooring's story is a reminder that even established businesses can face unexpected challenges. The com...

Foot Locker's Q2 2024 earnings report brought a breath of fresh air to the sneaker company, as it marked the first time in six quarters that comparable sales grew, reaching 2.6%. This positive trend surpassed analysts' expectations of a 0.7% uptick, and the gross margin expanded for the first time in over two years. Despite these promising results, Foot Locker's shar...