Find in the news:
BY COUNTRY

Christmas Tree Shops closes last 72 stores



Christmas Tree Shops has decided to close its last 72 stores after unsuccessfully trying to find a buyer for its remaining assets.
evan-wise-1SLDCdUZAcM-unsplash.jpg

Earlier it became known that Christmas Tree Shops announced a default on a $45 million loan. The retailer's creditors planned to provide limited financing if the company found a buyer for its assets.

The retailer's stores nationwide are currently undergoing a final sale of merchandise ahead of an impending liquidation. Hilco Merchant Resources, managing the sale, has posted discounts of up to 50 percent on furniture, seasonal decor, home goods and other merchandise.

Christmas Tree Shops filed for bankruptcy at the end of May 2023, planning to close only 10 stores and restructure the business. However, the loan default that occurred has put a kink in the retailer's plans to remain in operation.

SSG Capital Advisors held talks with 350 potential buyers but failed to reach an agreement to purchase the assets on time. Bed Bath & Beyond, founded in the 1950s and formerly owned by Bed Bath & Beyond, appears to be finally exiting the market.

More about shopping malls in the USA



Dec 25, 2023, United Kingdom:
Nestled in the historic heart of London and renowned for its Georgian-era architectural splendor.
Dec 25, 2023, USA:
The company emphasized that cost-cutting is a pivotal focus for its future endeavors.
Dec 22, 2023, United Kingdom:
The sports giant has joined a long list of international brands that will open their store doors at Trinity Leeds shopping center.
Dec 22, 2023, Austria:
The brand will present at iconic locations such as Cortina d'Ampezzo in Italy, Zermatt in Switzerland, and Hochzillertal-Kaltenbach in Austria.
Dec 21, 2023, USA:
Italian fashion house has sealed a deal to acquire the building housing its flagship store.
Dec 21, 2023, Mexico:
Luxury French fashion house Zadig & Voltaire has unveiled its boutique in Mexico City.
Friend
and Follow
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla
Designer Outlet Malaga GLA:322 917 SF
ADDRESS: 29004, Málaga, Spain
Spain . Malaga
Designer Outlet Malaga
Optimum Outlet GLA:421 127 SF
ADDRESS: ve Eglence Merkezi | Istiklal Sokak No.2/B Yenisahra/Atasehir
Turkey . Istanbul
Optimum Outlet
Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us