Ho, ho, no! Christmas Tree Shops headed for liquidation, WSJ reportsChristmas Tree Shops is heading for liquidation after defaulting on a loan that funds its bankruptcy, according to reporting in the Wall Street Journal. The chain retailer filed for bankruptcy in May. "I'm not happy about that so I wish there was something that could be done so the Christmas Tree Shops could stay forever," said Catherine Edwards, of Norwalk. There are about 70 remaining Christmas Tree Shops stores in the U.S. that will begin liquidating items within the next week or so.

Source: Wall Street Journal July 04, 2023 04:51 UTC