News
Opinion
Sports
Business
Community
entertainment
Schools
News
Announcements
Classifieds
Place Ad
Advertising
Contact Us
Archives
Search

Turkey Creek sees store closures


Turkey Creek’s Linens ‘n Things, 11020 Parkside Drive, will be closing before the year ends.

Linens ‘n Things declared bankruptcy May 2 and began its liquidation sales Oct. 17.

“So the company filed for bankruptcy and they tried to seek someone who could restructure or either sell it to another company … but unfortunately, given the present economic market and the tight credit crunch, that couldn’t occur,” Rich Tauderman, LNT spokesman, said.


“Unfortunately, the going-out-of-business sales started … and probably should end about by the end of the year or so,” he added.

The LNT stores are not on a closing schedule: dates depend entirely on the rate items are sold: the faster items sell, the sooner the store closes.

“Each of the going-out-of-business sales is dependent on what the inventory looks like,” Tauderman said.

After the inventory is sold, store fixtures such as shelves and displays will be sold as well.

For more information, call the Turkey Creek Linens ‘n Things at 865-671-7040.

Brothers Bedding also has closed its Turkey Creek store. Brothers Bedding owner, Marty Bass, could not be reached for comment.

Brothers Bedding has five stores in Knox and Blount counties. For more information, visit www.brothersbedding.com

 

News | Opinion | Sports | Business | Community | Schools | Obituaries | Announcements
Classifieds | Place Ad | Advertising | Contact Us | Archives | Search

© 2004-2014 farragutpress