Business & Tech
National Retailer To Close All MD Locations: Reports
A clothing retailer with a presence in 45 states is reportedly planning to shutter all its locations and liquidate its inventory.
A popular clothing chain with 12 Maryland locations is planning to close all its locations after 25 years in business.
Francesca's — a women's boutique known for selling clothing, jewelry, accessories and gifts — is in the process of liquidating all its inventory and will close soon, according to Women's Wear Daily. All sales are final, effective Jan. 14.
The news comes after the chain filed for bankruptcy in 2020. At that time, Houston-based Francesca's had about 700 stores and announced 140 locations would close, USA Today reported.
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In Maryland, Francesca's has locations in Baltimore, Annapolis, Timonium, Frederick, Towson, Columbia, Bethesda, Bel Air and Pikesville.
The company was started in 1999. Since then, it's grown to more than 450 boutiques in 45 states. Francesca's also has at least 3,400 employees.
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Francesca's has not publicly confirmed the closing. Currently, its online store is advertising sales of 20 percent off.
The company also said on its website that as of Jan. 14, all sales are final.
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