Christmas Tree Shops operates stores in 20 states.
Christmas Tree Shops is going out of business.
The Massachusetts-based, discount home décor and furniture retailer is holding going-out-of-business sales at all its remaining locations nationwide (list at end of article.). The liquidation event is being managed by Hilco Merchant Resources, a division of Hilco Global.
The liquidation was outlined in proposed orders filed in the federal bankruptcy in Delaware on June 29. It follows the inability of the company to meet the financial obligations of its debtor-in-possession financing, which was authorized on June 5. (Christmas Tree Shops filed for Chapter 11 bankruptcy protection in May.)
At the sales, shoppers can take advantage of discounts up to 50% off the lowest ticketed prices. In addition to holiday items and décor, Christmas Tree stores offer home décor, furniture, gifts, paper and party goods, and more. Select fixtures, furnishings and equipment will also be available for sale in closing locations.