Linens ‘n’ Things closing in Park City
May 5, 2008
One of Park City’s largest furniture and bedding stores is going out of business.
Linens ‘n’ Things plans to close its Park City location in the next several months, according to Rich Tauberman, a spokesman for the Delaware-based corporation.
Others Linens ‘n’ Things stores in Utah will remain open, he said.
Tauberman said he expects the store to close mid-summer. "It will be an orderly wind-down over the next several months," Tauberman said.
The national home furnishing chain’s decision to file Chapter 11 bankruptcy has to do with the current economic downturn and getting rid of a number of underperforming stores to help the company’s bottom line, he said.
The company did a store-by-store analysis to determine profitability and performance and plans to close 120 under-performing stores.
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"In restructuring, we looked at where we could find savings," Tauberman said. "Unfortunately, Park City was one of those stores."
The Park City Linens ‘n’ Things is located in the Newpark Town Center at 6400 North Highway.