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Francesca's Closing All Stores, Liquidating Inventory: Report
Francesca's plans to liquidate inventory and close all 457 stores amid $250 million in unpaid invoices and financial distress following a 2020 bankruptcy filing, sources said.
- Francesca's confirmed to Women's Wear Daily that it will soon close, with the representative saying `we are liquidating our inventory and closing soon.`
- After a 2020 Chapter 11 filing, a vendor says Francesca's owes $250 million in unpaid invoices and the chain has more than 450 stores and over 3,400 employees.
- On Jan. 19 the Francesca's website promoted a warehouse sale with clearance at $15 and under and 30% off sitewide; gift cards are final sale and returns end Jan. 14, 2026.
- Sources who spoke to WWD said merchants were let go with no warning, employees who said they were recently notified about closures, and the company did not respond Monday.
- Founded in 1999 by three siblings and one friend, Francesca's after more than 25 years highlights its mission as `unique, free-spirited fashion & lifestyle products`.
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38 Articles
Coverage Details
Total News Sources38
Leaning Left4Leaning Right0Center27Last UpdatedBias Distribution87% Center
Bias Distribution
- 87% of the sources are Center
87% Center
13%
C 87%
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