Linens 'n Things – “Farewell Linens N Things”

Pros

You were able to advance quickly if you did a good job. There were a lot of good people and (especially in the early years of my employment) it was very much a family atmosphere. Everyone socialized and there were a lot of corporate activities that made it a lot of fun to come to work.

Cons

They went bankrupt. A really big downside. For the last few years under Apollo Management, there was no corporate diretion and the company did not invest and plan for the long term. The debt load taken on when they went private killed the company.

Advice to Senior Management

Good luck finding new jobs!