Budget holiday retailer closes remaining 49 stores across the US today after 90% off fire sale following bankruptcy ...Middle East

The U.S. Sun - News

THE last of the Christmas Tree Shops closed their doors today having sold off remaining stock at up to a 90 per cent discount. Just 49 stores had remained open until August 12 after the company filed for Chapter 11 bankruptcy three months ago. GettyThe last of the Christmas Tree Shops will close their doors for good today[/caption] Handil Holdings, the owner of the stores, filed for bankruptcy in May in an attempt to restructure its finances and closed 10 branches in order to ensure long-term success and reduce the company’s debt. That plan was derailed though when Handil defaulted on a $45million loan that was meant to allow the company to keep going during the Chapter 11 proces

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Last updated : 13 August 2023 clock 04:41 PM

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Budget holiday retailer closes remaining 49 stores across the US today after 90% off fire sale following bankruptcy ...Middle East

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