Another L&L to Shut Down

By: Sherene Tagharobi Email
By: Sherene Tagharobi Email

Linda Curtis has been shopping L&L for years.

"Oh my gosh, most of my adult life, since I been buying groceries," she said.

So imagine her surprise when she heard the Holt store would be closing its doors for good.

"I didn't know that, that's really sad isn't it," she said.

It's sad for loyal customers but even more so for employees who'll be out of work just in time for the holidays. The company was seized by the Bank thursday and is in receivership. That means the receiver, Amherst Partners, needs to sell as many of the remaining five stores for as much as possible. But not all the stores have takers.

We're told buyers are interested in four of the five remaining stores, but no one -- at least so far -- wants to buy the L&L in Holt. The receiver says that's why come the end of business next Thursday, they'll have to close it down.

Sheldon Stone, a parner in Amherst Partners, said of the stores that remain open, the Holt one has been the least profitable. He also said its location hasn't interested any of the buyers.

Jodi Bolls worked at the L&L in DeWitt before it shut down. She says it's a shame to see another store fall apart.

"I really feel for them, definitely feel for them," she said.

There's still hope for employees at the other four stores -- should they be bought.

"It's highly likely those operators will want to continue to employ the staff working there. They know the customers, they know the store," Stone said.

Stone says if bought the stores would remain neighborhood grocery stores -- just by another name.

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