Retail News

Francesca’s files for Chapter 11 and announces store closings

USA Today 12/04/2020

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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