Anna's Linens

{{Infobox company

| name = Anna's Linens

| logo = Anna's Linens.png

| caption =

| type = Private

| traded_as =

| hq_location = Costa Mesa, California

| fate = Chapter 11 Bankruptcy

| industry = Retail

| foundation = {{Start date and age|1987}} Los Angeles, California

| founder = Alan Gladstone

| defunct = {{End date and age|2015}}

| locations = 252

| area_served = United States

| key_people =

| products = Textiles, furniture

| num_employees =

| homepage =

| footnotes =

| intl =

| bodystyle =

}}

Anna's Linens was an American retailer. It was based in Costa Mesa, California.

History

The company was founded in 1987 by Alan Gladstone, who named the store after his mother.{{cite web|url=http://www.hometextilestoday.com/article/538870-Anna_s_Linens_Getting_Ready_to_Hit_300.php|title=Anna's Linens Getting Ready to Hit 300 | Home Textiles Today|publisher=hometextilestoday.com|accessdate=14 July 2016}} The first location opened in Los Angeles, California.{{cite web|url=http://articles.dailypilot.com/2011-08-01/news/tn-dpt-0802-linens-20110801_1_scott-gladstone-anna-s-linens-alan-gladstone|archive-url=https://web.archive.org/web/20130428205657/http://articles.dailypilot.com/2011-08-01/news/tn-dpt-0802-linens-20110801_1_scott-gladstone-anna-s-linens-alan-gladstone|url-status=dead|archive-date=April 28, 2013|title=A business named after Mom, run by the family - tribunedigital-dailypilot|publisher=articles.dailypilot.com|accessdate=14 July 2016}}

In 1993, the chain filed for bankruptcy due to the poor economy of southern California at the time. It emerged from bankruptcy in December 1994.{{cite web |url=http://www.sbnonline.com/2007/02/beating-bankruptcy-how-alan-gladstone-avoided-the-final-curtain-for-anna-x2019-s-linens/ |archive-url=https://archive.today/20130411192039/http://www.sbnonline.com/2007/02/beating-bankruptcy-how-alan-gladstone-avoided-the-final-curtain-for-anna-x2019-s-linens/ |url-status=dead |archive-date=April 11, 2013 |title=Beating bankruptcy |last=Marano |first=Ray |date=February 1, 2007 |website=www.sbnonline.com |access-date=2020-04-04 }}

The stores were stocked with household items,{{cite web|url=http://www.hometextilestoday.com/article/494279-Anna_s_Linens_Set_to_Go_Public.php|title=Anna's Linens Set to Go Public | Home Textiles Today|publisher=hometextilestoday.com|accessdate=14 July 2016}} with merchandise sold at discounts. Stores were usually 10,000 square feet in size.{{cite web | title=Company Search | website=Accelerate Your B2B Sales With D&B Hoovers | date=1970-01-01 | url=https://www.dnb.com/business-directory/company-search.html | access-date=2020-04-04}} It had more than 250 stores in 19 states.{{cite web|url=http://www.sys-con.com/node/1753523|title=Retail Leader Anna's Linens Awards Transplace Long-Term Contract Renewal for Third Party Logistics, Managed Services Solution | news.sys-con.com|publisher=sys-con.com|accessdate=21 July 2016}}

In early 2012, it partnered with DDR Corp. to expand into Puerto Rico.{{cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=3240999|archive-url=https://web.archive.org/web/20090414194848/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=3240999|url-status=dead|archive-date=April 14, 2009|title=Anna's Linens, Inc.: Private Company Information - Businessweek|publisher=investing.businessweek.com|accessdate=14 July 2016}}

In 2015, the chain filed for Chapter 11 Bankruptcy with money owed to creditors in excess of 100 million dollars. Most locations closed, which allowed Five Below to expand into California with new stores opening at former Anna's locations in 2017.{{Cite web|last=Channick|first=Robert|title=Anna's Linens folding up after filing for bankruptcy|url=https://www.chicagotribune.com/business/ct-annas-linens-closing-0627-biz-20150625-story.html|access-date=2020-08-20|website=chicagotribune.com|date=26 June 2015 }}

On August 27, 2015, 41 store leases were taken over at auction out of a debtor's sale by National Stores Inc.{{cite web | url= http://www.ocbj.com/news/2015/aug/28/annas-linens-postpones-part-auction/ | title= Anna's Linens Postpones Part of Auction | publisher= Orange County Business Journal | date= 28 August 2015 | accessdate= 25 September 2015 | author= DiMartino, Mediha }}{{cite web|title=Anna's Linens Chapter 11 Petition|url=https://www.pacermonitor.com/view/W5HRKAQ/Annas_Linens_Inc__cacbke-15-13008__0001.0.pdf|website=PacerMonitor|accessdate=6 June 2016}}

Some former Anna's Linens stores in certain locations were re-branded as "Anna's Linens by Fallas" and continued to use the basic Anna's Linens product offering.{{cite press release | url= http://globenewswire.com/news-release/2015/08/13/760568/10146014/en/Retail-Brand-Anna-s-Linens-Intellectual-Property-To-Be-Sold.html | title= Retail Brand Anna's Linens Intellectual Property To Be Sold | publisher= GlobeNewsWire.com | date= 13 August 2015 | accessdate= 20 October 2015 }}{{cite web | url= http://www.280metrocenter.com/store.aspx?ref=029 | title= Anna's Linens by Fallas | publisher= 280MetroCenter.com | accessdate= 20 October 2015 | author= Kimco Realty | archive-date= 31 August 2015 | archive-url= https://web.archive.org/web/20150831133722/http://280metrocenter.com/store.aspx?ref=029 | url-status= dead }} All remaining locations closed by 2022 following National Stores bankruptcy.

A member of its rewards program was known as a "Fan of Anna's."

References

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