Montclair is a city in San Bernardino county and has a population of 33,049 people. Montclair borders Pomona, Claremont, and Ontario. Montclair gets alot of business being in the middle of such busy cities. Linen and Things was rather successful with their branch in Montclair until the closing for that branch in 2008.
Linen and thing is a retailer of housewares and textiles. The company had 571 stores with about 7,300 employees. Its headquarters was located in Clifton New Jersey and spanned though the U.S and Canada. The company now is mostly online based due to the closure of their stores.
The company began struggling in October 2008 because of annual losses and a downed economy. It closed 120 store in that year. Linen and thing is $700 million in debt because of financing from GE to keep their company aflot. The company stated that the primary reason that the store is not seeing any profit is due to the depressed housing market. Linen and Things being a retailer that specifically caters to homes has not been able to adujust their business model. Because their business model is so specific that there is no alternative . Linen and Thing filed for bankruptcy in Montclair 2008 which is a restructure of a business. Linen and things is still an online retailer.