HOUSTON – (Realty News Report) – Painted Tree Boutiques abruptly shut down its stores last week, including six in the Houston area.
The Little Rock, Ark.-based company, which provided a marketplace for entrepreneurs selling everything from apparel to gifts to home décor, joins a number of retailers who have closed locations this year, including Saks Off 5th, Francesca’s, Jack in the Box, Torchy’s Tacos, Kroger, and Randalls.
Painted Tree Boutiques closed more than 60 locations across the U.S., citing “rising costs, shifting market conditions,” and other challenges. The company got its start as a vintage market in 2015…