Linens 'n Things files for bankruptcy

Jumping on the bankruptcy bandwagon comes Linens 'n Things, a mere three months after The Sharper Image. The retailer of home furnishings announced earlier last month it would be closing approximately 120 of it's underperforming stores from across the United States. No word as of yet on how this will affect gift cards, or internet shopping, but you can most likely expect big going out of business sales.