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On May 4, 2023, following the collapse of its former parent company, Bed Bath & Beyond, Christmas Tree Shops announced that it was preparing to file for Chapter 11 bankruptcy protection; the chain and its parent company, Handil Holdings, filed for Chapter 11 bankruptcy the next day, May 5.
Following a Chapter 11 bankruptcy filing in early May, Christmas Tree Shops will close this month across the U.S., including Sarasota's UTC store.
Christmas Tree Shops filed for Chapter 11 bankruptcy on May 5, 2023, announcing its intention to close 10 underperforming stores out of a total of 82. The chain was a subsidiary of Bed Bath & Beyond until 2020.
The Christmas Tree Shops in Olde Shrewsbury Village operated on the lot for over 35 years. The Shrewsbury location was one of the last Christmas Tree Shops; it closed in August after the company ...
Christmas Tree Shops will liquidate all of its stores and go out of business unless a white knight comes out of the woodwork at the 11th hour.
On May 5, 2023, Christmas Tree Shops also filed for Chapter 11 bankruptcy, despite having been separated from Bed Bath & Beyond two years prior. The now-independent chain later announced in July that it would liquidate; its last stores closed on August 12, 2023, two weeks after Bed Bath & Beyond.