The Entrepreneurs Weekly
No Result
View All Result
Saturday, August 2, 2025
  • Login
  • Home
  • BUSINESS
  • POLITICS
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
Subscribe
The Entrepreneurs Weekly
  • Home
  • BUSINESS
  • POLITICS
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
No Result
View All Result
The Entrepreneurs Weekly
No Result
View All Result
Home Business

Christmas Tree Shops Is Closing All Stores. Here’s Why. | Entrepreneur

by Brand Post
July 5, 2023
in Business
0
Christmas Tree Shops Is Closing All Stores. Here’s Why. | Entrepreneur
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


It’s a not-so-merry time for the Christmas Tree Shops.

The chain of discount stores known for selling home goods, and, of course, Christmas decor, is set to liquidate all 70 remaining locations and go out of business.

The news, which The Wall Street Journal first reported, comes after the brand filed for Chapter 11 bankruptcy in May and took out a $45 million loan to revamp the company. However, the loan was terminated after the Christmas Tree Shops defaulted on the payments following continually declining sales, according to a filing with U.S. Bankruptcy Court obtained by the outlet.

It will liquidate all remaining stores unless a buyer steps up in the last hour.

RELATED: Here’s What Bed Bath & Beyond’s Bankruptcy Really Means for the Future of Retail

“Unfortunately, circumstances have resulted in the plan really not being able to go forward because quite simply, the debtor doesn’t have the time nor the money to go forward with the plan,” a lawyer for the retailer Harold Murphy said during a court hearing.

People took to Twitter to share their feelings about the closing and even suggested some prospective buyers who can save the brand.

I am so mad that they are closing the Christmas tree shops and bed bath and beyond. These people were nice enough to come back after the pandemic and work while having to wear a mask. I wish someone could save these stores and the dedicated people who work there.

— Diane Beland (@labladydi1953) July 5, 2023

@tjmaxx any interest in buying Christmas Tree Shops?? Someone needs to save this beloved store #savechristmastreeshops

— Erica DiFalco Wynimko (@DifalcoErica) July 5, 2023

@elonmusk hey, interested in buying The Christmas Tree Shops?? They are desperate!

— Shari (@ShariArcuri) July 4, 2023

The Christmas Tree Shops is owned by Handil Holdings, LLC after purchasing the chain from Bed Bath & Beyond, which is also in the process of liquidating, in 2020. It originated as a boutique in Cape Cod in the 1950s, according to NPR, before expanding to 82 locations across the country in its heyday.

It’s unknown at this time when the Christmas Tree Shops will close for good.





Source link

Tags: Business CultureBusiness NewsChristmasChristmas BusinessClosingClosing a BusinessentrepreneurGoing out of businessHeresLiquidationNews and TrendsRetail BusinessesShopsStoresTree

Related Posts

Boost Team Productivity and Security With Windows 11 Pro, Now  for Life | Entrepreneur
Business

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life | Entrepreneur

August 2, 2025
This Mac and Microsoft Bundle Pays for Itself in Productivity | Entrepreneur
Business

This Mac and Microsoft Bundle Pays for Itself in Productivity | Entrepreneur

August 2, 2025
OpenAI’s Latest Move Is a Game Changer — Here’s How Smart Solopreneurs Are Turning It Into Profit | Entrepreneur
Business

OpenAI’s Latest Move Is a Game Changer — Here’s How Smart Solopreneurs Are Turning It Into Profit | Entrepreneur

August 2, 2025
  • Trending
  • Comments
  • Latest
Meet Amir Kenzo: A Well Known Musical Artist From Iran.

Meet Amir Kenzo: A Well Known Musical Artist From Iran.

August 21, 2022
Behind the Glamour: Bella Davis Opens Up About Overcoming Adversity in Modeling

Behind the Glamour: Bella Davis Opens Up About Overcoming Adversity in Modeling

April 20, 2024
Dr. Donya Ball: Pioneering Leadership Solutions for Tomorrow’s Challenges

Dr. Donya Ball: Pioneering Leadership Solutions for Tomorrow’s Challenges

May 10, 2024
Nasiyr Bey’s Journey from Brooklyn to Charlotte: The Entrepreneurial Path to Owning a Successful Cigar Lounge

Nasiyr Bey’s Journey from Brooklyn to Charlotte: The Entrepreneurial Path to Owning a Successful Cigar Lounge

August 8, 2024
Augmented.City Startup Developers Appeal To US Politicians With An Open Letter

Augmented.City Startup Developers Appeal To US Politicians With An Open Letter

0
U.S. High Court Snubs Challenge To State And Local Tax Deduction Cap

U.S. High Court Snubs Challenge To State And Local Tax Deduction Cap

0
GOP Lawmaker Blames Biden For Russia-Ukraine War: Putin ‘Could never have Invaded’

GOP Lawmaker Blames Biden For Russia-Ukraine War: Putin ‘Could never have Invaded’

0
Brad Winget’s Tips and Tricks on Having a Career in Real Estate

Brad Winget’s Tips and Tricks on Having a Career in Real Estate

0
Boost Team Productivity and Security With Windows 11 Pro, Now  for Life | Entrepreneur

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life | Entrepreneur

August 2, 2025
This Mac and Microsoft Bundle Pays for Itself in Productivity | Entrepreneur

This Mac and Microsoft Bundle Pays for Itself in Productivity | Entrepreneur

August 2, 2025
OpenAI’s Latest Move Is a Game Changer — Here’s How Smart Solopreneurs Are Turning It Into Profit | Entrepreneur

OpenAI’s Latest Move Is a Game Changer — Here’s How Smart Solopreneurs Are Turning It Into Profit | Entrepreneur

August 2, 2025
Here’s Why Anthropic Refuses to Offer 9-Figure Pay Like Meta | Entrepreneur

Here’s Why Anthropic Refuses to Offer 9-Figure Pay Like Meta | Entrepreneur

August 1, 2025

The EW prides itself on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

Transcending the bounds of Chicago to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

NEWS

  • Business
  • Politics
  • Entrepreneurship
  • Entertainment
Instagram Facebook

© 2024 Entrepreneurs Weekly.  All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
  • POLITICS
  • BUSINESS
  • CONTACT US
  • ADVERTISEMENT

Copyright © 2024 - The Entrepreneurs Weekly

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In