Funds

Christmas Tree Shops closing all stores. Here’s where


After filing for Chapter 11 bankruptcy in May, Christmas Tree Shops will now close all of its stores unless it can find a last minute buyer.

The Massachusetts-based retail chain – which has more than 70 stores across 20 states and sells a variety of products including outdoor furniture, seasonal decor, bedding sets and more – is liquidating its remaining stores because of worsening finances, The Wall Street Journal reported.

According to a filing with the U.S. Bankruptcy Court in Wilmington, Delaware, last week, the company and its stakeholders have “reached an agreement this week to liquidate the remaining roughly 70 stores unless a buyer emerges within the next week or so,” the publication reported.



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