National Stores
National Stores owns brands such as Anna’s Linens, Conway, and Fallas. It applied for bankruptcy in August 2018, which led to the closure of 74 stores in the U.S. and Puerto Rico. Many speculate that National Stores took on too much debt after its acquisition of various brands over the years. Doing so has dragged the business to the ground. We are sure that its stores in open-air and stand-alone shopping center did not make matters any easier.
National Stores
Gump’s Holdings
At the moment, Gump’s Holdings is liquidating its stores. After failing to find a buyer, the company filed for bankruptcy in August 2018. The press release said that the business had a hard time thanks to an “overwhelmingly difficult retail environment”. Gump’s By Mail was its effort to go against Amazon, but this feat was simply too difficult. It is still holding out hope that a buyer will come, so it will be operating until then. It already asked the help of liquidators for help with merchandise and repayment.
Gump’s
