Is Christmas Tree Shops Closing at Stormy Shumate blog

Is Christmas Tree Shops Closing. Christmas tree shops, which sells home goods and seasonal decor, is liquidating its remaining stores after filing for chapter 11. The discount retail chain, which sold a variety of home goods, disclosed in a court filing last week that it defaulted on a $45 million loan. A judge overseeing bankruptcy proceedings for christmas tree shops described the recent store closings as a “complete breakdown” during a hearing wednesday. Christmas tree shops will close all 70 locations nationwide, including 10 in new jersey, if the struggling home goods store doesn’t find a buyer, according to the wall street journal. But last week, christmas tree shops decided to default on its loan of $45 million, which was used to keep its retaining 72 stores afloat, due to worsening finances, the wall street journal.

Christmas Tree Shops to close
from www.wnep.com

Christmas tree shops will close all 70 locations nationwide, including 10 in new jersey, if the struggling home goods store doesn’t find a buyer, according to the wall street journal. A judge overseeing bankruptcy proceedings for christmas tree shops described the recent store closings as a “complete breakdown” during a hearing wednesday. Christmas tree shops, which sells home goods and seasonal decor, is liquidating its remaining stores after filing for chapter 11. But last week, christmas tree shops decided to default on its loan of $45 million, which was used to keep its retaining 72 stores afloat, due to worsening finances, the wall street journal. The discount retail chain, which sold a variety of home goods, disclosed in a court filing last week that it defaulted on a $45 million loan.

Christmas Tree Shops to close

Is Christmas Tree Shops Closing Christmas tree shops, which sells home goods and seasonal decor, is liquidating its remaining stores after filing for chapter 11. Christmas tree shops will close all 70 locations nationwide, including 10 in new jersey, if the struggling home goods store doesn’t find a buyer, according to the wall street journal. But last week, christmas tree shops decided to default on its loan of $45 million, which was used to keep its retaining 72 stores afloat, due to worsening finances, the wall street journal. The discount retail chain, which sold a variety of home goods, disclosed in a court filing last week that it defaulted on a $45 million loan. Christmas tree shops, which sells home goods and seasonal decor, is liquidating its remaining stores after filing for chapter 11. A judge overseeing bankruptcy proceedings for christmas tree shops described the recent store closings as a “complete breakdown” during a hearing wednesday.

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