Might Christmas Tree Retailers be the following retailer in Chapter 11?
Middleboro, Mass. – Seasonal décor retailer Christmas Tree Retailers has reportedly employed a Boston legislation agency to arrange a possible Chapter 11 submitting.
The chapter may happen as early as this weekend, in keeping with the Wall Road Journal.
The 80-unit retailer had been owned by Mattress Tub & Past, which offered the nameplate in 2020 because it started unloading ancillary companies. Final 12 months, the started rebranding shops as CTS and CEO/proprietor Pam Salkovitz instructed a CBS information affiliate in Boston that the corporate deliberate to about a further 15 shops in 2023.
“Chapter 11 isn’t the tip of