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Large retailer pulls out of local centers: but owners don't anticipate problems in replacing troubled Linens 'n Things.

When a major national retailer says they're closing hundreds of low-performing stores across the country, and four of them are in relatively close proximity to each another, one might expect to hear a lot of buzz about it.

But it seems to be business as usual for the four Valley shopping centers where Linens 'n Things has declared they will be pulling up stakes under a bankruptcy reorganization plan.

General Growth Properties, which owns the Fallbrook Center in Woodland Hills, seemed unfazed by the news.

"We certainly never want to see a retailer close at any property," said Kirsten Lee, vice president of leasing for GGP's regional office in Glendale. But, she ...

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