Houston-based national retailer closing after years of ups and downs, report says
KHOU • • business
Key Points:
- Francesca’s, a Houston-based women’s specialty retail chain with over 450 boutiques nationwide, appears to be closing down, according to reports from Women’s Wear Daily and other sources.
- A customer service representative confirmed the company is liquidating inventory and shutting stores soon, while a vendor claimed Francesca’s owes $250 million in unpaid invoices.
- The company is currently running a “warehouse sale” with clearance items priced at $15 and under, but no official liquidation announcement is available on its website.
- Francesca’s operates 16 locations in the Houston area alone and employs more than 3,400 associates across 45 states.
- The chain opened its first boutique in Houston in 1999 and has been a
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