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National Stores to close 184 Fallas and Factory 2-U shops

By Marjorie van Elven

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National Stores announced store closing sales at 184 Fallas and Factory 2-U stores across 12 states in the US and Puerto Rico, as part of its Chapter 11 Bankruptcy filing. The store closing process is being conducted by a joint venture comprising Hilco Merchant Resources, Gordon Brothers and SB360 Capital Partners. Every single product in these 184 stores has been marked down, with reductions of 30 percent in products such as school uniforms, apparel, shoes and backpacks.

The joint venture released the full list of stores to be closed in a statement, but their exact closing date was not disclosed.

Factory 2-U
Fallas
Gordon Brothers and SB360 Capital Partners
Hilco Merchant Resources
National Stores