Beloved bargain retailer Christmas Tree Shops announced that its last day in business will be Aug. 12 — three months after the company filed for Chapter 11 bankruptcy., the store will be discounting its already-low-cost merchandise and home decor by up to 80% in a going out of business sale.When the sale ends on Aug. 12, the New England-based chain will also be shuddering its remaining 72 stores for good.
“We are excited to grow our locations and bring our unique shopping experience to more customers,” Salkovitz said at the time. In September 1970, Christmas Tree Shops was founded by husband-and-wife duo Charles and Doreen Bilezikian, who opened its first location in Cape Cod, Mass., and primarily sold penny candy.
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