Hilco Merchant Resources and Gordon Brothers Group announced today that they have begun going-out-of-business sales at all Anna’s Linens retail locations. The United States bankruptcy court awarded the joint venture partners the store closing process on June 18.
At the start of the liquidation process, Anna’s Linens operated 252 retail locations across much of the U.S and Puerto Rico.
The company filed for Chapter 11 bankruptcy protection on June 14. The going-out-of-business sale will entail the total liquidation of all merchandise, much of which has been re-stocked within the past week. Store furniture, fixtures and equipment will be sold as well, the two firms stated.