More And More Small Business Owners Are Revealing That “Francesca’s” Owes Them Tens Of Thousands

  • 📰 boredpanda
  • ⏱ Reading Time:
  • 70 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Francesca's brand racks up a debt of over $132K with many small business owners, gets blasted online.

. And while for many people, America is associated mainly with huge and super-rich corporations, in fact, it was the numerous small business owners who created the greatness of this country over the decades.The author of the video is a small business owner and she tells about facing a non-payment issue with Francesca’s clothes chainnamed Mugsby and specifically works with Francesca’s clothing chain to sell their products.

According to the author herself, she has been working with Francesca’s for about a year, and then, in November 2023, they stopped paying her. Yes, they stopped everything. And since then have failed to pay for five purchased orders.order sitting in their warehouse currently made specifically for them that they’re unable to ship due to non-payment.

In any case, as the author admits, she sincerely hopes that people, and in particular other small business owners, having learned about her problem, will be more careful in choosing counterparties for cooperation.

Let us remember that women’s specialty chain Francesca’s was founded in 1999, and in 2020, at the height of the pandemic, it was already faced with serious problems. Despite the fact that the company was under threat of bankruptcy that year, they somehowSince then, the chain’s fortunes have seemingly stabilized: it successfully launched a new brand, Franki by Francesca’s, entering the “tween” market , by mid-2023 bringing the total number of Franki stores to ten.

On the other hand, perhaps such viral videos will force Francesca’s management to turn their attention to the original poster. At least according to the TikToker, the Taylor Elliott designs account is currently missing the video the OP refers to. It’s likely that the removal of the video was part of the agreement with Francesca’s.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The quirky story of an unconventional small business ownerLaura Whitlock is engaged in the creation of alluring murals within their shared space, as well as the development of a mushroom garden.
Source: tbnewswatch - 🏆 75. / 51 Read more »

Father's Day gift ideas from a small business ownerWhat should you get dad for Father's Day? From a puzzle to pickleball socks, a small business owner in Seattle has a few ideas.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

US small business sentiment up in MayThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

US Small-Business Optimism Improves to Highest Level This YearUS small-business optimism edged up in May to the highest level this year as firms grew less downbeat about the economy’s prospects.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

US small business sentiment up in May, but looming election clouds outlookThe National Federation of Independent Business (NFIB) said its Small Business Optimism Index rose eight-tenths of a point to 90.5 last month, the second...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Labour Party Plans to Overhaul UK Business Rates to Help Small FirmsKeir Starmer’s Labour party vowed to “level the playing field” between high street and online retailers by overhauling UK business rates — a property tax on commercial premises — if it’s voted into power at next month’s general election.
Source: BNNBloomberg - 🏆 83. / 50 Read more »