1 hour, 38 minutes ago (Reuters) - Bankrupt home furnishings retailer Linens 'n Things has devised a plan to emerge from bankruptcy early next year, the New York Post reported.Under the plan, the retailer will reverse many of the strategies introduced after the company was bought for $1.3 billion in 2005 by billionaire Leon Black's buyout firm Apollo Management, the paper quoted sources as saying.
Chief among those tactics was a shift to splashy clearance sales and product promotions, the paper said.
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