PETITION
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14 May 23
On May 5, 2023, MA-based and family-owned Christmas Tree Shops LLC and four affiliates (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Horan). Actually … it could be a whole lot worse. The debtors operate 82 stores in 20 states and, while the company name is “Christmas Tree Shops,” the debtors spent the last three years putting emphasis on the rebrand to “CTS” with a focus on everyday shopping, carrying 30k skus that could be managed through the debtors’ Middleboro Distribution Center. This apparently is a more attractive proposition than buying a Christmas tree in the middle of May: “