Francesca’s files for Chapter 11 and announces store closings
December 4, 2020
Francesca’s announced that it has filed for Chapter 11 bankruptcy protection and plans to close about 140 of its 700 stores. The women’s clothing chain also said it plans to renegotiate some of its leases while going through the Chapter 11 process and may be forced to close additional locations if it is unable to arrange more favorable terms for its business.
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