"The women's fashion and accessories chain Francesca's has reportedly begun the process of going out of business, which will involve shutting down all of its stores. The news of the closures was first reported by Women's Wear Daily. Per that report, a customer service representative confirmed it is currently closing all its stores, with liquidation sales underway. However, the chain has not broadly announced the news."
"Fast Company has reached out to Francesca's for comment. An automated recording on the company's customer service line said all associates were busy. Emails to Francesca's went unreturned. We'll update this post if we hear back. The woman's fashion chain was once ubiquitous in shopping malls across the country. Founded in 1999, the retailer rose to prominence during the early 2000s as malls were at the height of their cultural relevance just before online competitors began to reshape the shopping landscape."
Francesca's has begun closing all stores and is holding liquidation sales. Customer service confirmed closures while the company has not issued a broad public announcement. Fast Company contacted Francesca's but received no substantive response, and automated customer-service messages said associates were busy. Emails to Francesca's went unanswered. Francesca's launched in 1999 and expanded across U.S. shopping malls during the early 2000s. The company debuted on Nasdaq in 2011, but filed for bankruptcy in 2020 and was delisted. Covid-19 lockdowns and declining mall foot traffic contributed to the retailer's financial struggles.
Read at Fast Company
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