Christmas Tree Shops Joins Ranks of Sinking Retailers

Diti Kohli of the Boston Globe wrote about the Christmas Tree Shops chain closing ten stores and filing for bankruptcy/restructuring in May 2023. The chain was established as a seasonal Christmas shop in Yarmouth about fifty years ago and grew to have locations throughout New England, selling cheap household goods and decorations year round.In-person shopping was flagging before COVID and is in more of a slump now, at least for over-saturated large retailers. Since 2020 other big box retailers that have filed for bankruptcy, significantly downsized, or closed completely include Bed Bath & Beyond, JC Penney, Sears, Macy’s and Lord & Taylor.