1728 US Route 46, West Falls Plaza, Woodland Park, NJ 07424.350 Route 22 West, Springfield, NJ 07081.230 Consumer Square, Mays Landing, NJ 08330.1775 Deptford Center Rd, Deptford, NJ 08096.2130 Marlton Pike, Cherry Hill, NJ 08002.No official date has been given when these stores might close, so customers should be quick to take advantage of the discounts. There are ten Christmas Tree Shops in New Jersey, and all of them are holding liquidation sales.Ī message on the website states: ' Going Out of Business Sale. The business filed WARN notices advising of staff terminations. Unless a buyer comes in at the last minute to buy the business, the stores will close in the coming weeks. ' Unfortunately, circumstances have resulted in the plan really not being able to go forward because quite simply, the debtor doesn’t have the time nor the money to go forward with the plan,' company lawyer, Harold Murphy The company has since defaulted on a $45 million loan and has begun liquidation sales. In May, it filed for Chapter 11 bankruptcy in a bid to turn around the company, but the move has not been successful.Īt the time of the bankruptcy filing, the brand had 82 stores across 20 states and 5,700 employees nationwide.Īccording to Forbes, the ' company attributed the bankruptcy to high inflation, recent interest rate hikes and dropping consumer demand for home goods and seasonal decoration.'

Since 2020 it has been owned by Handil Holdings. The Christmas Tree Gift Shop (now known as CTS) first opened as a seasonal gift shop open between May and October near Cape Cod in the 1950s. The business has filed Worker Adjustment and Retraining Notification (WARN) notices advising of layoffs in New Jersey. Christmas Tree Shops, a home decor, furniture, and discount gift retailer, is set to liquidate and close all its stores nationwide.

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