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  <p align="center" style="border:none;margin:0in 0in .0001pt;padding:0in;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  
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  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">UNITED
  STATES</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">SECURITIES
  AND EXCHANGE COMMISSION</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Washington,
  D.C. 20549</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  
  <div align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">
  
  <hr size="1" width="25%" noshade color="black" align="center">
  
  </font></b></div>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM&nbsp;8-K</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">CURRENT
  REPORT</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  
  <div align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">
  
  <hr size="1" width="25%" noshade color="black" align="center">
  
  </font></b></div>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">Pursuant
  to Section&nbsp;13 or 15(d)&nbsp;of The Securities Exchange Act of 1934</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date of Report
  (Date of earliest event reported):<b>&#160; May&nbsp;30, 2008</b></font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">LINENS
  HOLDING CO.</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">LINENS
  &#146;N THINGS, INC.</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">LINENS
  &#146;N THINGS CENTER, INC.</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Exact names of
  registrants as specified in their charters)</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div align="center">
  
  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Delaware</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">333-135646-12</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">20-4192917</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Delaware</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">001-12381</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">22-3463939</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">California</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">333-135646-11</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">59-2740308</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(States or other
    jurisdictions of </font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Commission File
    Numbers)</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(IRS Employer</font></p>
    </td>
   </tr>
   <tr>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">incorporation)</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Identification Nos.)</font></p>
    </td>
   </tr>
  </table>
  
  </div>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">6
  Brighton Road, Clifton, New Jersey&#160; 07015</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address of
  principal executive offices)&#160; (Zip Code)</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(973)&nbsp;778-1300</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrants&#146;
  telephone number, including area code)</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Check the appropriate box
  below if the Form&nbsp;8-K filing is intended to simultaneously satisfy the
  filing obligations of the registrants under any of the following provisions:</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&#160; Written communications pursuant to Rule&nbsp;425
  under the Securities Act (17 CFR 230.425)</p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&#160; Soliciting material pursuant to Rule&nbsp;14a-12
  under the Exchange Act (17 CFR 240.14a-12)</p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&#160; Pre-commencement communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under
  the Exchange Act (17 CFR 240.14d-2(b))</p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&#160; Pre-commencement communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under
  the Exchange Act (17 CFR 240.13e-4(c))</p>
  
  <div style="border:none;border-bottom:double windowtext 6.0pt;padding:0in 0in 0in 0in;">
  
  <p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  </div>
  
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  
  <div style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">
  
  <hr size="3" width="100%" noshade color="#010101" align="left">
  
  </font></b></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='',FILE='C:\JMS\xaugust\08-16008-1\task2974466\16008-1-ba.htm',USER='105277',CD='Jun  5 10:52 2008' -->
  
  
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  <div>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 1.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Entry
  into a Material Definitive Agreement.</font></b></p>
  
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Linens Holding Co. (&#147;<u>Holding</u>&#148;),
  for itself and the other Debtors (as defined below), has entered into an Agency
  Agreement, dated as of May&nbsp;29, 2008 (the &#147;<u>Agency Agreement</u>&#148;), with
  a joint venture comprised of Tiger Capital Group, LLC and SB Capital Group, LLC
  (the &#147;<u>Agent</u>&#148;), pursuant to which the Agent is conducting store closing
  sales (the &#147;<u>Store Closing Sales</u>&#148;) for the Debtors of all of the
  merchandise at 120 underperforming stores previously identified by the Debtors
  to be closed (the &#147;<u>Closing Stores</u>&#148;) and certain other merchandise
  located at Debtors&#146; distribution centers to be transferred to the Closing
  Stores (the &#147;<u>Merchandise</u>&#148;).</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On May&nbsp;2, 2008,
  Holding and each of its direct and indirect U.S. subsidiaries (together with
  Holding, the &#147;<u>Debtors</u>&#148;) filed voluntary petitions for relief under
  Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy
  Court for the District of Delaware (the &#147;<u>Bankruptcy Court</u>&#148;) (jointly
  administered under Case No.&nbsp;08 10832). On May&nbsp;6, 2008, the Debtors
  filed a motion seeking Bankruptcy Court approval of the Store Closing Sales,
  auction procedures to select a national liquidation firm to conduct the Store
  Closing Sales, and an agency agreement with such firm for that purpose.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On May&nbsp;13, 2008, the
  Bankruptcy Court granted an order approving auction procedures, authorizing the
  Debtors to select a stalking horse bidder, and setting the auction for May&nbsp;29,
  2008.&#160; On May&nbsp;19, 2008, based upon
  proposals submitted and after negotiations, the Debtors selected the Agent as
  the stalking horse bidder.&#160; At the
  auction conducted on May&nbsp;29, 2008, the Agent was the successful bidder.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On May&nbsp;30, 2008, the
  Bankruptcy Court granted an order (the &#147;<u>Approval Order</u>&#148;) approving the
  Agency Agreement and authorizing the Debtors to conduct the Store Closing Sale
  pursuant to the terms of the Agency Agreement and the Sale Guidelines that were
  annexed to the Agency Agreement as Exhibit&nbsp;8.1 (the &#147;Sale Guidelines&#148;).&#160; Among other things, the Bankruptcy Court
  found that the offer of the Agent as evidenced by the Agency Agreement is the
  highest and best offer received by the Debtors, is fair and reasonable, and is
  in the best interests of the Debtors&#146; creditors and estates.&#160; The Bankruptcy Court also found that closing
  of the Closing Stores is in the best interest of the Debtors&#146; estates.&#160; The Approval Order is publicly available and
  may be accessed on the Internet at http://pacer.psc.uscourts.gov or
  www.kccllc.net/linensnthings.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to the
  Agency Agreement, the Debtors have appointed the Agent to act as the Debtors&#146;
  agent to conduct the Store Closing Sales and dispose of owned furnishings,
  trade fixtures, and/or improvements to real property located in the Closing
  Stores in accordance with the terms and conditions of the Agency Agreement and
  the Sale Guidelines.&#160; The Agency
  Agreement sets forth the terms and conditions of the Store Closing Sales and
  rights and obligations of the Agent with respect thereto.&#160; The Agency Agreement provided for the Store
  Closing Sales to begin on the first business day following entry of the
  Approval Order, but not later than June&nbsp;1, 2008.&#160; The Store Closing Sale commenced on May&nbsp;31,
  2008 at each of the Closing Stores.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Agent has
  authority to conduct the Store Closing Sales in the name of and on behalf of
  the Debtors in a commercially reasonable manner, subject to limitations and
  guidelines set forth in the Agency Agreement, the Sale Guidelines, and the
  Approval Order.&#160; The Closing Store Sales
  may be conducted as a &#147;store closing,&#148; &#147;sale on everything,&#148; &#147;everything must
  go,&#148; or similar themed sale, but may not be advertised as a &#147;going-out-of
  business sale.&#148;&#160; Subject to provisions in
  the Sale Guidelines dealing with &#147;latent defects,&#148; all sales of Merchandise
  will be &#147;final sales&#148; and &#147;as is,&#148; and all advertisements and sales receipts
  will reflect the same.&#160; The Agent will
  accept gift certificates, gift cards, and Merchandise credits issued by the
  Debtors, for which the Agent will receive cash reimbursements from the Debtors.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As a guaranty of
  its performance under the Agency Agreement, the Agent has guaranteed that the
  Debtors will receive 95.96% of the aggregate Cost Value (as defined in the Agency
  Agreement) of the Merchandise (the &#147;<u>Guaranteed Amount</u>&#148;).&#160; On June&nbsp;2, 2008, the first business day
  following entry of the Approval Order, the Agent paid the Debtors an amount
  equal to 90% of the estimated Guaranteed Amount (the &#147;<u>Initial Guaranty
  Payment</u>&#148;).&#160; &#147;Cost Value&#148; under the
  Agency Agreement is the last cost for the SKU for each item of Merchandise
  based on the Debtors&#146; inventory item master cost file plus, with respect to
  imported Merchandise, certain costs associated with landing the Merchandise.</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p>
  
  <div style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">
  
  <hr size="3" width="100%" noshade color="#010101" align="left">
  
  </font></b></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='2',FILE='C:\JMS\xaugust\08-16008-1\task2974466\16008-1-ba.htm',USER='105277',CD='Jun  5 10:52 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Agent is
  entitled to receive a fee equal to 5% of the aggregate Cost Value of the
  Merchandise (the &#147;<u>Agent&#146;s Fee</u>&#148;).&#160;
  To the extent that the proceeds of the Store Closing Sales exceed the
  sum of the Guaranteed Amount, Expenses of the Sale (as defined in the Agency
  Agreement), and the Agent&#146;s Fee, then all remaining proceeds will be shared 50%
  to the Debtors and 50% to the Agent.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Subject to the
  prior termination of the lease for any Closing Store, the Agent is required to
  complete the Store Closing Sales at each Closing Store no later than August&nbsp;31,
  2008, unless the time period is extended by mutual written agreement of the
  Agent and the Debtors (upon notice of various parties as provided for in the Approval
  Order).&#160; In addition, the Agent may
  terminate a Closing Store Sale at any Closing Store upon not less than ten days&#146;
  prior written notice to the Debtors.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Agency
  Agreement contains customary representations, warranties, and covenants by the
  Debtors and the Agent.&#160; An &#147;Event of
  Default&#148; occurs under the Agency Agreement if (1)&nbsp;either the Debtors or
  the Agent fail to perform any material obligation that remains uncured for ten
  days after receipt of written notice or (2)&nbsp;any representation or warranty
  made by the Debtors or Agent proves untrue in any material respect as of the
  date made and, to the extent curable, continues uncured for ten days after
  written notice to the defaulting party.&#160;
  Any damages or entitlement to equitable relief because of the occurrence
  of an Event of Default shall be determined by the Bankruptcy Court.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The description of
  the Agency Agreement in this report does not purport to be complete and is
  qualified in its entirety by reference to the Agency Agreement and the Sale
  Guidelines, copies of which are attached hereto as Exhibit&nbsp;10.1 and Exhibit&nbsp;10.2
  and incorporated by reference.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="13%" valign="top" style="padding:0in .7pt 0in .7pt;width:13.54%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 9.01</font></b></p>
    </td>
    <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.46%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Financial Statements and Exhibits.</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="13%" valign="top" style="padding:0in .7pt 0in .7pt;width:13.54%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.46%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="13%" valign="top" style="padding:0in .7pt 0in .7pt;width:13.54%;">
    <p style="margin:0in 0in .0001pt .25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font></p>
    </td>
    <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.46%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibits.</font></p>
    </td>
   </tr>
  </table>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <table border="0" cellspacing="0" cellpadding="0" width="93%" style="border-collapse:collapse;margin-left:.5in;width:93.36%;">
   <tr>
    <td width="7%" valign="top" style="padding:0in .7pt 0in .7pt;width:7.38%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.1</font></p>
    </td>
    <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.62%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Agency Agreement, dated as of May&nbsp;29, 2008, by
    and between Linens Holding Co. and its affiliated debtors and
    debtors-in-possession and a joint venture comprised of Tiger Capital Group,
    LLC and SB Capital Group, LLC (without Exhibits).</font></p>
    </td>
   </tr>
   <tr>
    <td width="7%" valign="top" style="padding:0in .7pt 0in .7pt;width:7.38%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.62%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="7%" valign="top" style="padding:0in .7pt 0in .7pt;width:7.38%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.2</font></p>
    </td>
    <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.62%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Sale Guidelines (Exhibit&nbsp;8.1 to Agency
    Agreement).</font></p>
    </td>
   </tr>
  </table>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>
  
  <div style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">
  
  <hr size="3" width="100%" noshade color="#010101" align="left">
  
  </font></b></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='3',FILE='C:\JMS\xaugust\08-16008-1\task2974466\16008-1-ba.htm',USER='105277',CD='Jun  5 10:52 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div style="font-family:Times New Roman;">
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SIGNATURES</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to the
  requirements of the Securities Exchange Act of 1934, the registrants have duly
  caused this report to be signed on their behalf by the undersigned hereunto
  duly authorized.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Dated:&#160; June&nbsp;5, 2008</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">LINENS
    </font></b><b>HOLDING CO.</b></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">LINENS
    &#146;N THINGS, INC.</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">LINENS
    &#146;N THINGS CENTER, INC.</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrants)</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.16%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
    </td>
    <td width="46%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:46.84%;">
    <p style="line-height:normal;margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ FRANCIS M. ROWAN</font></p>
    </td>
   </tr>
   <tr>
    <td width="53%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:53.16%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="46%" valign="top" style="padding:0in 0in 0in 0in;width:46.84%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;&nbsp;Francis
    M. Rowan</font></p>
    </td>
   </tr>
   <tr>
    <td width="53%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:53.16%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="46%" valign="top" style="padding:0in 0in 0in 0in;width:46.84%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;&nbsp;Senior Vice President and Chief Financial
    Officer</font></p>
    </td>
   </tr>
  </table>
  
  <p style="line-height:normal;margin:0in 0in .0001pt;text-indent:3.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>
  
  <div style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">
  
  <hr size="3" width="100%" noshade color="#010101" align="left">
  
  </font></b></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='4',FILE='C:\JMS\xaugust\08-16008-1\task2974466\16008-1-ba.htm',USER='105277',CD='Jun  5 10:52 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">EXHIBIT
  INDEX</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  
  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.86%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Exhibit&nbsp;No.</font></b></p>
    </td>
    <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="86%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:86.92%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Description</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="9%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:9.86%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="86%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:86.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.86%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.1</font></p>
    </td>
    <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="86%" valign="top" style="padding:0in 0in 0in 0in;width:86.92%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Agency Agreement, dated as of May&nbsp;29, 2008, by
    and between Linens Holding Co. and its affiliated debtors and
    debtors-in-possession and a joint venture comprised of Tiger Capital Group,
    LLC and SB Capital Group, LLC (without Exhibits).</font></p>
    </td>
   </tr>
   <tr>
    <td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.86%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="86%" valign="top" style="padding:0in 0in 0in 0in;width:86.92%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.86%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.2</font></p>
    </td>
    <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="86%" valign="top" style="padding:0in 0in 0in 0in;width:86.92%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Sale Guidelines (Exhibit&nbsp;8.1 to Agency
    Agreement).</font></p>
    </td>
   </tr>
  </table>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div style="margin:0in 0in .0001pt;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">
  
  <hr size="3" width="100%" noshade color="#010101" align="left">
  
  </font></b></div>
  
  </div>
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text: UNITED
  STATES
  SECURITIES
  AND EXCHANGE COMMISSION
  Washington,
  D.C. 20549
  FORM 8-K
  CURRENT
  REPORT
  Pursuant
  to Section 13 or 15(d) of The Securities Exchange Act of 1934
  Date of Report
  (Date of earliest event reported):
  May 30, 2008
  LINENS
  HOLDING CO.
  LINENS
  'N THINGS, INC.
  LINENS
  'N THINGS CENTER, INC.
  (Exact names of
  registrants as specified in their charters)
  Delaware
  333-135646-12
  20-4192917
  Delaware
  001-12381
  22-3463939
  California
  333-135646-11
  59-2740308
  (States or other
    jurisdictions of
  (Commission File
    Numbers)
  (IRS Employer
  incorporation)
  Identification Nos.)
  6
  Brighton Road, Clifton, New Jersey  07015
  (Address of
  principal executive offices)  (Zip Code)
  (973) 778-1300
  (Registrants'
  telephone number, including area code)
  Check the appropriate box
  below if the Form 8-K filing is intended to simultaneously satisfy the
  filing obligations of the registrants under any of the following provisions:
  o
  Written communications pursuant to Rule 425
  under the Securities Act (17 CFR 230.425)
  o
  Soliciting material pursuant to Rule 14a-12
  under the Exchange Act (17 CFR 240.14a-12)
  o
  Pre-commencement communications pursuant to Rule 14d-2(b) under
  the Exchange Act (17 CFR 240.14d-2(b))
  o
  Pre-commencement communications pursuant to Rule 13e-4(c) under
  the Exchange Act (17 CFR 240.13e-4(c))
  Item 1.01               Entry
  into a Material Definitive Agreement.
  Linens Holding Co. ("
  Holding
  "),
  for itself and the other Debtors (as defined below), has entered into an Agency
  Agreement, dated as of May 29, 2008 (the "
  Agency Agreement
  "), with
  a joint venture comprised of Tiger Capital Group, LLC and SB Capital Group, LLC
  (the "
  Agent
  "), pursuant to which the Agent is conducting store closing
  sales (the "
  Store Closing Sales
  ") for the Debtors of all of the
  merchandise at 120 underperforming stores previously identified by the Debtors
  to be closed (the "
  Closing Stores
  ") and certain other merchandise
  located at Debtors' distribution centers to be transferred to the Closing
  Stores (the "
  Merchandise
  ").
  On May 2, 2008,
  Holding and each of its direct and indirect U.S. subsidiaries (together with
  Holding, the "
  Debtors
  ") filed voluntary petitions for relief under
  Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy
  Court for the District of Delaware (the "
  Bankruptcy Court
  ") (jointly
  administered under Case No. 08 10832). On May 6, 2008, the Debtors
  filed a motion seeking Bankruptcy Court approval of the Store Closing Sales,
  auction procedures to select a national liquidation firm to conduct the Store
  Closing Sales, and an agency agreement with such firm for that purpose.
  On May 13, 2008, the
  Bankruptcy Court granted an order approving auction procedures, authorizing the
  Debtors to select a stalking horse bidder, and setting the auction for May 29,
  2008.  On May 19, 2008, based upon
  proposals submitted and after negotiations, the Debtors selected the Agent as
  the stalking horse bidder.  At the
  auction conducted on May 29, 2008, the Agent was the successful bidder.
  On May 30, 2008, the
  Bankruptcy Court granted an order (the "
  Approval Order
  ") approving the
  Agency Agreement and authorizing the Debtors to conduct the Store Closing Sale
  pursuant to the terms of the Agency Agreement and the Sale Guidelines that were
  annexed to the Agency Agreement as Exhibit 8.1 (the "Sale Guidelines").  Among other things, the Bankruptcy Court
  found that the offer of the Agent as evidenced by the Agency Agreement is the
  highest and best offer received by the Debtors, is fair and reasonable, and is
  in the best interests of the Debtors' creditors and estates.  The Bankruptcy Court also found that closing
  of the Closing Stores is in the best interest of the Debtors' estates.  The Approval Order is publicly available and
  may be accessed on the Internet at http://pacer.psc.uscourts.gov or
  www.kccllc.net/linensnthings.
  Pursuant to the
  Agency Agreement, the Debtors have appointed the Agent to act as the Debtors'
  agent to conduct the Store Closing Sales and dispose of owned furnishings,
  trade fixtures, and/or improvements to real property located in the Closing
  Stores in accordance with the terms and conditions of the Agency Agreement and
  the Sale Guidelines.  The Agency
  Agreement sets forth the terms and conditions of the Store Closing Sales and
  rights and obligations of the Agent with respect thereto.  The Agency Agreement provided for the Store
  Closing Sales to begin on the first business day following entry of the
  Approval Order, but not later than June 1, 2008.  The Store Closing Sale commenced on May 31,
  2008 at each of the Closing Stores.
  The Agent has
  authority to conduct the Store Closing Sales in the name of and on behalf of
  the Debtors in a commercially reasonable manner, subject to limitations and
  guidelines set forth in the Agency Agreement, the Sale Guidelines, and the
  Approval Order.  The Closing Store Sales
  may be conducted as a "store closing," "sale on everything," "everything must
  go," or similar themed sale, but may not be advertised as a "going-out-of
  business sale."  Subject to provisions in
  the Sale Guidelines dealing with "latent defects," all sales of Merchandise
  will be "final sales" and "as is," and all advertisements and sales receipts
  will reflect the same.  The Agent will
  accept gift certificates, gift cards, and Merchandise credits issued by the
  Debtors, for which the Agent will receive cash reimbursements from the Debtors.
  As a guaranty of
  its performance under the Agency Agreement, the Agent has guaranteed that the
  Debtors will receive 95.96% of the aggregate Cost Value (as defined in the Agency
  Agreement) of the Merchandise (the "
  Guaranteed Amount
  ").  On June 2, 2008, the first business day
  following entry of the Approval Order, the Agent paid the Debtors an amount
  equal to 90% of the estimated Guaranteed Amount (the "
  Initial Guaranty
  Payment
  ").  "Cost Value" under the
  Agency Agreement is the last cost for the SKU for each item of Merchandise
  based on the Debtors' inventory item master cost file plus, with respect to
  imported Merchandise, certain costs associated with landing the Merchandise.
  2
  The Agent is
  entitled to receive a fee equal to 5% of the aggregate Cost Value of the
  Merchandise (the "
  Agent's Fee
  "). 
  To the extent that the proceeds of the Store Closing Sales exceed the
  sum of the Guaranteed Amount, Expenses of the Sale (as defined in the Agency
  Agreement), and the Agent's Fee, then all remaining proceeds will be shared 50%
  to the Debtors and 50% to the Agent.
  Subject to the
  prior termination of the lease for any Closing Store, the Agent is required to
  complete the Store Closing Sales at each Closing Store no later than August 31,
  2008, unless the time period is extended by mutual written agreement of the
  Agent and the Debtors (upon notice of various parties as provided for in the Approval
  Order).  In addition, the Agent may
  terminate a Closing Store Sale at any Closing Store upon not less than ten days'
  prior written notice to the Debtors.
  The Agency
  Agreement contains customary representations, warranties, and covenants by the
  Debtors and the Agent.  An "Event of
  Default" occurs under the Agency Agreement if (1) either the Debtors or
  the Agent fail to perform any material obligation that remains uncured for ten
  days after receipt of written notice or (2) any representation or warranty
  made by the Debtors or Agent proves untrue in any material respect as of the
  date made and, to the extent curable, continues uncured for ten days after
  written notice to the defaulting party. 
  Any damages or entitlement to equitable relief because of the occurrence
  of an Event of Default shall be determined by the Bankruptcy Court.
  The description of
  the Agency Agreement in this report does not purport to be complete and is
  qualified in its entirety by reference to the Agency Agreement and the Sale
  Guidelines, copies of which are attached hereto as Exhibit 10.1 and Exhibit 10.2
  and incorporated by reference.
  Item 9.01
  Financial Statements and Exhibits.
  (d)
  Exhibits.
  10.1
  Agency Agreement, dated as of May 29, 2008, by
    and between Linens Holding Co. and its affiliated debtors and
    debtors-in-possession and a joint venture comprised of Tiger Capital Group,
    LLC and SB Capital Group, LLC (without Exhibits).
  10.2
  Sale Guidelines (Exhibit 8.1 to Agency
    Agreement).
  3
  SIGNATURES
  Pursuant to the
  requirements of the Securities Exchange Act of 1934, the registrants have duly
  caused this report to be signed on their behalf by the undersigned hereunto
  duly authorized.
  Dated:  June 5, 2008
  LINENS
  HOLDING CO.
  LINENS
    'N THINGS, INC.
  LINENS
    'N THINGS CENTER, INC.
  (Registrants)
  By:
  /s/ FRANCIS M. ROWAN
  Francis
    M. Rowan
  Senior Vice President and Chief Financial
    Officer
  4
  EXHIBIT
  INDEX
  Exhibit No.
  Description
  10.1
  Agency Agreement, dated as of May 29, 2008, by
    and between Linens Holding Co. and its affiliated debtors and
    debtors-in-possession and a joint venture comprised of Tiger Capital Group,
    LLC and SB Capital Group, LLC (without Exhibits).
  10.2
  Sale Guidelines (Exhibit 8.1 to Agency
    Agreement).