{"id":1003791384,"date":"2008-04-18T12:00:00","date_gmt":"2008-04-18T20:00:00","guid":{"rendered":"https:\/\/64.70.41.235\/2008\/04\/18\/home-not-too-sweet-for-linens-%e2%80%98n-things\/"},"modified":"2022-12-09T02:50:56","modified_gmt":"2022-12-09T10:50:56","slug":"home-not-too-sweet-for-linens-n-things","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/home-not-too-sweet-for-linens-n-things\/","title":{"rendered":"Home Not Too Sweet for Linens \u2018n Things"},"content":{"rendered":"<p>The disclosure that the Linens \u2018n Things home products chain is looking for strategic alternatives is the latest sign of trouble in the home-related retail sector.  Yesterday the 589-store chain said in a statement that it has asked the investment banking firm Financo Inc. to evaluate strategies. The move indicates that the chain has staved off an imminent bankruptcy filing that was widely rumored last week. But the news strongly suggests that Linens \u2018n Things\u2019 management is considering putting the struggling chain up for sale.  As such, the firm joins a growing roster of retailers hit hard by slowing consumer spending and other economic woes. The Wickes furniture chain, the Bombay Co., and Levitz have all gone out of business in recent months. And many market leaders, such as Home Depot, are pulling back on their expansion plans.  The outlook for home-related retail, in particular, is dismal for the rest of the year. According to projections by the International Council of Shopping Centers, spending on furniture and other home furnishings will slip 1.5 percent this year after growing 8.3 percent only two years ago.  Despite the continuing parade of discouraging news about retail, some retail real-estate executives warn against tarring the entire sector with the same brush. \u201cThere is still growth,\u201d Webber Hudson, executive vice president for Related Urban Development, told CPN recently. \u201cWe\u2019re not in a depression, and there\u2019s not going to be a depression.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The disclosure that the Linens \u2018n Things home products chain is looking for strategic alternatives is the latest sign of trouble in the home-related retail sector. Yesterday the 589-store chain said in a statement that it has asked the investment banking firm Financo Inc. to evaluate strategies. The move indicates that the chain has staved&hellip;<\/p>\n","protected":false},"author":1314,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1003791384","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Home Not Too Sweet for Linens \u2018n Things - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/home-not-too-sweet-for-linens-n-things\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home Not Too Sweet for Linens \u2018n Things\" \/>\n<meta property=\"og:description\" content=\"The disclosure that the Linens \u2018n Things home products chain is looking for strategic alternatives is the latest sign of trouble in the home-related retail sector. 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