CLIFTON, N.J.–Linens ’n Things said yesterday it will close fewer stores than originally planned.
The ailing retailer will close 57 stores rather than 87, a sign of an improved outlook for the remainder of the year and for 2009, according to Michael F. Gries, interim chief executive officer.
“The reduced number of store closings is the result of improvements in the outlook for these stores throughout the remainder of 2008 into 2009,” Gries said in a statement.