Christmas Tree Shops announce last day of business after going bankruptBy Shannon Thaler
August 4, 2023
Beloved bargain retailer Christmas Tree Shops announced that its last day in business will be Aug. 12 — three months after the company filed for Chapter 11 bankruptcy.
According to Christmas Tree Shops’ website, the store will be discounting its already-low-cost merchandise and home decor by up to 80% in a going out of business sale.
Coupons and gift cards won’t be accepted during this promotion.
When the sale ends on Aug. 12, the New England-based chain will also be shuddering its remaining 72 stores for good.
Christmas Tree Shops filed for Chapter 11 in May, though it expected to emerge from insolvency by the end of August by closing down 10 low-performing stores across seven states and taking on a $45 million loan.
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Source:
https://nypost.com/2023/08/04/bankrupt-christmas-tree-shops-announce-last-day-of-business/