Linens 'N Things hires DJM Realty for store disposition

CLIFTON, N.J. Linens 'N Things has hired DJM Realty to exclusively manage the disposition of 120 underperforming stores that the company targeted for closure as part of its restructuring. Linens 'N Things filed to reorganize under Chapter 11 on May 2. The hiring is subject to Bankruptcy Court approval.

"We are pleased to announce our partnership with DJM Realty and look forward to a successful disposition of these stores. This is a great chance for retailers looking to expand their real estate," said Hugh Scullin, senior vp of real estate, store planning, construction and legal for Linens 'N Things.