It's a good time to be in the liquidation business.Going-out-of-business sales are starting Friday at the remaining 371 Linens 'n Things stores, according to reports. Were you waiting to find the right deal on that comforter or holding out for a good holiday-gift bargain? Hey, now's you're chance!Apparently, these closings aren't going to have much impact on the big REITs, like Kimco, Developers Diversified and Regency Centers, according to articles we've run. But what about the smaller shopping center owners that have Linens as a major tenant?We have a feeling that the demand for space has dropped considerably. (How's that for the understatement of the week?) And many think we'll see more major chain liquidation. To pull a quote by Marti Kopacz of restructuring firm Grant Thornton we read in a recent article: "We'll see some tried and true [retail] names disappear."
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