Virginia-Based LL Flooring Closing Woodbridge Location Amid Bankruptcy Filing

WOODBRIDGE, VA — A Virginia-based discount flooring company will close its Woodbridge location after filing for chapter 11 bankruptcy.

LL Flooring Holdings, was originally named Lumber Liquidators, plans to close 94 stores. Store closing sales have begun.

The Woodbridge store at 14516 Potomac Mills Road is the only one in Virginia closing, as over 300 stores across the U.S. will remain open. Other Virginia locations include Chantilly, Fredericksburg, Hampton, Leesburg, Lorton, Lynchburg, Manassas, Norfolk, North Chesterfield, Richmond, Salem, Williamsburg, Virginia Beach, Harrisonburg, Christiansburg and Winchester.

The chapter 11 bankruptcy filing means LL Flooring Holdings is reorganizing without liquidating all its assets. After marketing its business and distribution center in Sandston, Virginia, the company says it is negotiating with bidders and could pursue sale of its business within a few weeks.

"Today’s step is intended to provide LL Flooring with additional time and financial flexibility as we reduce our physical footprint and close certain stores while pursuing a going-concern sale of the rest of our business," said Charles Tyson, president and CEO of LL Flooring, in a statement.

The company had changed its name from Lumber Liquidators following the aftermath of a 2015 60 Minutes investigation. The investigation revealed the company used laminate flooring sourced from China. The flooring was found with high amounts of formaldehyde, which has been linked to a cancer risk. A federal court case resulted in the company agreeing to pay a $33 million penalty for giving false information to investors about selling the laminate flooring from China.