The Christmas Tree Shops stores will reportedly close their doors for good
The Christmas Tree Shops stores will reportedly close their doors for good. The discount home goods retailer filed for bankruptcy in May and sales have not improved enough to save the 53-year-old company. In a court filing last week, the company disclosed it defaulted on a $45 million loan and would close all of its stores. One of those 70 shops is in Williston. Bed Bath and Beyond, which is now bankrupt itself, sold off the Christmas Tree Shops in 2020 to Handil Holdings, which had hoped to revive the ailing chain. The news comes as online sellers like Amazon take over the market and leave retailers without a strong customer base. The timeline for when the shops will close — and any possible liquidation sale — has not been announced.