Retailer with 80 Stores That Has Existed for More Than 50 Years Set to File Bankruptcy: Report

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Another major home goods retailer has announced it will file for bankruptcy and close all of its locations, according to a report Thursday.

Last week, Bed Bath & Beyond announced it would file for bankruptcy and shutter stores across the country.

This week, Tuesday Morning announced it too would close up shop as part of what is now a brick-and-mortar massacre.

The Wall Street Journal reported Thursday that the company Christmas Tree Shops is also waving the white flag and closing its 83 locations.

The report said the company, founded in New England, had retained the Boston-based law firm Murphy & King and could file for bankruptcy by the end of the weekend.

The stores sell discounted home goods and are known for the slogan “Don’t you just love a bargain?”

Christmas Tree Shops has stores along the East Coast from Maine to Florida and as far west as Kentucky.

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