
All Connecticut Christmas Tree Shops locations will soon close. The news comes after the company filed for bankruptcy in May. Urstadt Biddle, is the leasing agent for the Danbury location, at 15 Backus Ave, a 47,555 SF space.
Today, CNN Business reported, "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. The discount retail chain, which sold a variety of home goods, disclosed in a court filing last week that it defaulted on a $45 million loan and is closing its roughly 70 stores in the coming weeks."
For additional information regarding the closing of Christmas Tree Shops and the bankruptcy process (including court documents) visit http://www.kccllc.net/christmastreeshops