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Honored Contributor
Posts: 9,067
Registered: ‎05-23-2011

Christmas Tree Shops is Filing For Bankruptcy

My favorite store will be filing for bankruptcy, I'm so sad about this. I discovered this company in 1984 when I first started coming to Cape Cod. Woman Sad

 

 

You Don't Own Me- Leslie Gore
(You don't Know) How Glad I Am- Nancy Wilson
Honored Contributor
Posts: 9,067
Registered: ‎05-23-2011

Re: Christmas Tree Shops is Filing For Bankruptcy

MIDDLEBORO - Christmas Tree Shops, the well-known New England home decor retailer, is reportedly getting ready to file for bankruptcy.

 

The Wall Street Journal, citing "people familiar with the matter," reports that the Chapter 11 bankruptcy filing could happen as soon as this weekend. The newspaper said the company has hired law firm Murphy & King in Boston.

 

Christmas Tree Shops were owned by recently bankrupt Bed Bath & Beyond until 2020. The chain got its start on Cape Cod 50 years ago.

 

Last year it was reported that the company would be rebranded as "CTS" because people outside of New England believed they only sold Christmas trees. The CEO said at the time there were plans to open another 15 stores with the new CTS name. 

There are 15 Christmas Tree Shops currently in Massachusetts and four in New Hampshire, according to the store's website. 

You Don't Own Me- Leslie Gore
(You don't Know) How Glad I Am- Nancy Wilson
Respected Contributor
Posts: 3,787
Registered: ‎05-21-2010

Re: Christmas Tree Shops is Filing For Bankruptcy

It's depressing isn't it? First it was K mart then Sears, Pier1, Stein Mart, Bed Bath & Beyond, Tuesday Morning. I'm afraid World Market isn't far behind.  It's like a domino effect. I am a person who prefers to shop in person. Ordering off a computer especially at Christmas is not fun for me. 

Respected Contributor
Posts: 2,348
Registered: ‎03-10-2010

Re: Christmas Tree Shops is Filing For Bankruptcy

OH NOOO!!!!  😔  I love CTS!  There are two of the stores within 15 minutes in my area.  Such a fun store to shop at, and where I stock up on K-cups.  I'm sad now. 😔

Respected Contributor
Posts: 2,363
Registered: ‎06-29-2015

Re: Christmas Tree Shops is Filing For Bankruptcy

When I was much younger,  I enjoyed shopping there. It was a great place to find cute, affordable things like curtains, bedding, party supplies, holiday decor, etc.

 

But there came a turning point, and it much of it became made in China junk.

 

Muddling through...
Valued Contributor
Posts: 863
Registered: ‎03-25-2010

Re: Christmas Tree Shops is Filing For Bankruptcy

[ Edited ]

In my area (Northern VA) the Christmas Tree Stores go by the name "And That".

 

There was an "And That" down near my parent's but that one recently closed, when I asked at my store if they were going to be closing the clerk said No, the other one closed because the landlord tried to raise their rent (was going up triple what they had previously paid); as of yet no one has gone into that space. She also said the landlord gave them less than 30 days to decide.

Respected Contributor
Posts: 4,116
Registered: ‎07-20-2017

Re: Christmas Tree Shops is Filing For Bankruptcy

@JaneMarple So sorry to hear this. I love Christmas Tree Shops! Smiley Surprised

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Respected Contributor
Posts: 3,201
Registered: ‎03-02-2016

Re: Christmas Tree Shops is Filing For Bankruptcy

Now this makes me sad. First went to CTS for hoodies and water toys while vacationing at the Cape many many moons ago. . Love their stores. And up until the recipe changed, they sold the best tasting Old Cape Cod lemon poppyseed dressing. Closest store is in NH. It is still open and was always packed. I should have known once BB&B went under CTS would not be far behind. Very sorry to read this.
Respected Contributor
Posts: 2,363
Registered: ‎06-29-2015

Re: Christmas Tree Shops is Filing For Bankruptcy

I do have to say that the Christmas Tree Shop's building at the foot of the Sagamore Bridge is truly a landmark that's been there for as long as I can remember.

 

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Muddling through...
Respected Contributor
Posts: 3,031
Registered: ‎10-22-2018

Re: Christmas Tree Shops is Filing For Bankruptcy

Christmas Tree Shops are still crowded in my area. There should be a way to return them to independent (of BB&B)  status.