Daily News: June 22, 2015

Hilco, Gordon Brothers to Begin GOB Sales for Anna’s Linens


Hilco Merchant Resources and Gordon Brothers Group were expected to begin going-out-of-business sales at all Anna’s Linens retail locations beginning June 19, 2015. The joint venture partners were awarded the store closing process by a U.S. bankruptcy court on June 18, 2015.

Anna’s Linens currently operates 252 retail locations throughout the United States and Puerto Rico. The company filed for Chapter 11 protection on June 14, 2015.

The 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 also be available for sale. In addition to the already famously low prices, sales will offer discounts of up to 30% on all merchandise including sheets, bed pillows, comforter sets, bath and beach towels, bed and bath accessories, window treatments, housewares, decorative home accents, storage, gifts and much more. Gift cards must be redeemed by July 14, 2015.

“These store closing sales feature an outstanding assortment of merchandise at very significant price reductions,” a spokesperson for the joint venture stated. “Consumers are encouraged to shop early while the selection is best.”