The business forecast for Linens 'n Things looks like it could go from light showers to full-on torrential rain in the near future. After filing for Chapter 11 bankruptcy protection in May [1], the store's numbers have continually headed downhill to the point that some are speculating the chain will be forced to liquidate [2].

Linens 'n Things cut their advertising costs to the point of being almost non-existent and stocked merchandise has been inconsistent. Vendors are concerned the $100 million letter of credit the company has been using to keep items on its shelves won't be enough for the back-to-school rush. If sales numbers continue to disappoint and can't keep the company afloat, we may be seeing going out of business signs before too long.

Source [3]