Clifton News

By Staff -- Home Textiles Today, 5/15/2008 3:27:00 PM Clifton, N.J. Linens 'n Thing this afternoon reported that it posted a net loss of $130.6 million for the first quarter vs. via Home Textiles Today

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“She was loved by the Sisters of Charity, her family and the Assumption Community”

MORRISTOWN -- Sister Gertrude Fitzsimmons had a special connection to the Assumption School. via Daily Record

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“When our patients need help, they know where to turn , to their local community hospital”

Shuttered hospitals. Unemployed workers. Eliminated services. Longer drives. Longer waits. via PhillyBurbs.com

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“The fact that a substance is detectable does not mean that the substance is harmful to humans.”

TRENTON -- New Jersey lawmakers today will look into whether trace amounts of medications found in the state's drinking water can adversely affect human health and wildlife. via Daily Journal

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By Mel Fabrikant Friday, May 09 2008, 07:06 PM EDT Views: 1 Over $187,000 was awarded to 104 Bergen Community College students during the Bergen Community College Foundation's eighth annual Scholarship Awards ... via The Paramus Post

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“When you're talking about two or three companies clustered into a particular industry it's difficult. And Bed, Bath & Beyond and Linens 'n Things were going head to head.”

Linens 'n Things finally succumbed to the downturn in the U.S. economy and the cutback in consumer spending. via Forbes.com

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“The decision to close stores was difficult, but necessary to improve LNT's financial position and place the company on a firmer financial footing as we move forward.”

Clifton, N.J.-based Linens Holding Co., a home furnishings specialty retailer operating as Linens 'n Things , announced that the company and its U.S. subsidiaries have filed a voluntary petition under Chapter ... via Display & Design Ideas

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“Advertising and promotion cost money, and that's something Linens 'n Things doesn't have much of right now.”

Linens 'n Things' sales have taken a sharp turn for the worse since the start of the year, and continued operating losses are sapping the struggling retailer's dwindling cash reserves, The Post has learned. via New York Post

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A Chapter 11 bankruptcy filing by Linens 'n Things is the latest sign that the retail sector is becoming leaner and meaner amid a difficult consumer environment. via Deseret Morning News

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“The resulting impact on the retail marketplace, particularly the home sector, has overwhelmed the operating and merchandising improvements that we have made over the past two years”

Linens Holding Co. of Clifton, N.J., filed for Chapter 11 bankruptcy protection Friday to restructure debt on 120 U.S. stores, a company statement said. via WUBB-FM Portsmouth

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