The regional stores operated by Christmas Tree Shops have been spared from closing as the retailer seeks to restructure through a Chapter 11 bankruptcy filing.
The company announced it would be closing 10 stores as part of the restructuring. However, the targeted locations did not include its four Connecticut stores (Danbury, Manchester, Orange and Waterford) or its four Westchester/Hudson Valley sites (Hartsdale, Middletown, Poughkeepsie and Spring Valley).
“It will be business-as-usual while we work to complete our financial restructuring,” said Chairman Mark Salkovitz. “Our customers will see no disruption in service or product quality, we will continue to honor all gift cards and our suppliers can expect timely payments.”
