Friday, April 11, 2008

Linens N Things to Declare BK?

Anything related to housing (ie. disposable income spending in the home) is being impacted negatively MORE than other types of spending, including clothing (my 2 cents).

Rumors are now floating around that Apollo group, that bought Linens N Things for $1.6 billion back in 2005, will possibly declare bankruptcy in the near future......

http://www.reuters.com/article/ousiv/idUSN1136290720080411

Dan Ross
http://www.BetterBizBooks.com

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