Page 2 - Tree Shop News Today

The chain, which declared Chapter 11 bankruptcy and defaulted on a loan intended to help maintain normal business operations during the Chapter 11 process, has instead been liquidating the inventory of its 70 remaining stores.

Store is winding down on the way to closing, and gift cards will expire at the end of the day today

Christmas Tree Shops holds going out of business sales, closing stores, laying off staff across New Jersey

The chain is holding going-out-of-business sales while closing stores and laying off staff across New Jersey.

The chain is holding going-out-of-business sales while closing stores and laying off staff across New Jersey.

The chain is holding going-out-of-business sales while closing stores and laying off staff across New Jersey.

The local store is at 916 Airport Center Drive in Hanover Township, Lehigh County.

Christmas Tree Shops is poised to liquidate all of its stores roughly two months after the struggling home-goods retailer filed for Chapter 11 bankruptcy protection. When Christmas Tree Shops filed

Williston is home to both those big-box retail chains, and soon they'll be leaving behind two large commercial spaces.

The company in a court filing said that it defaulted on a $45 million bankruptcy loan and had agreed to liquidate its more than 70 remaining locations across 20 states, unless a buyer emerges in the final hour.