Shoppers across southern Denton County may soon see another familiar retail brand disappear as women’s fashion retailer Francesca’s has filed for Chapter 11 bankruptcy protection and launched store-closing sales nationwide, including several North Texas locations.
The Houston-based boutique chain announced Feb. 6 it filed for protection in U.S. Bankruptcy Court in New Jersey as part of a court-supervised restructuring process aimed at maximizing value for stakeholders. Liquidation sales offering roughly 25% to 40% discounts are underway at stores in 45 states.
Local Francesca’s boutiques include locations at The Shops at Highland Village, Southlake Town Square, Golden Triangle Mall in Denton and Alliance Town Center in Fort Worth. No official closing date has been announced for the Highland Village store, which recently relocated to a larger space within the shopping center…