April 25, 2017 11:15 PM ET

Specialty Retail

Company Overview of Anna's Linens, Inc.

Company Overview

Anna's Linens, Inc. retails home textiles and home decoration items in the United States. It offers bedding products such as comforter sets, kids and teen bedding products, blankets, bedding accessories, bed pillows, bedspreads, quilts and coverlets, bag beds, duvet covers and comforters, mattress pads and toppers, and sheets and pillowcases; curtains and window panels, window hardware products, blinds and shades, kitchen curtains, and valances; bath products including bath towels and rugs, shower curtains, and bath accessories; and dinning and kitchen products such as bakeware, cookware, dinnerware, flatware, glassware, kitchen tools, serving pieces and products, small appliances and electr...

3550 Hyland Avenue

Costa Mesa, CA 92626

United States

Founded in 1987

908 Employees

Phone:

714-850-0504

Fax:

714-850-9170

Key Executives for Anna's Linens, Inc.

Chief Executive Officer and President
Age: 46
Executive Vice President and Chief Marketing Officer
Age: 44
Senior Vice President of Store Operations
Vice President of Merchandise
Compensation as of Fiscal Year 2016.

Anna's Linens, Inc. Key Developments

Motion for Asset Sale Approved for Anna's Linens, Inc.

The US Bankruptcy Court approved the sale of certain assets of Anna's Linens, Inc. on October 6, 2015. As per the order, debtor has been authorized to sell Bella IP assets to Sensio, Inc. for a purchase price of $0.04 million and all other IP assets to I&K Vending, LLC for a purchase price of $0.24 million.

Notice of Successful Bidder Filed by Anna's Linens, Inc.

Anna's Linens, Inc. filed notice of successful bidder in the US Bankruptcy Court on September 21, 2015. As per the auction held on September 17, 2015, Sensio, Inc. is emerged as successful bidder for Bella IP assets with a purchase price of $0.04 million and I&K Vending, LLC emerged as successful bidder for all other IP assets with a purchase price of $0.24 million. Burlington Stores, Inc. submitted next best bid for the IP assets other than Bella IP with a purchase price of $0.23 million.

Motion for Asset Sale Approved for Anna's Linens, Inc.

The US Bankruptcy Court gave an order approving the sale of the certain assets of Anna's Linens, Inc. on September 14, 2015. The debtor has been authorized to sell its certain assets to FP Stores, Inc. (41 store leases) and Decron Properties Corp. as agent for the landlord NF Plant Enterprises (1 store lease). The debtor’s assets include assigned leases for real property. Cure Amount of $325,764.33 for the FP store leases will be paid by the debtor to applicable landlords within five days of the closing of sale.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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