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Francesca’s Begins Nationwide Liquidation, Plans to Close All Stores

A customer-service confirmation to WWD, together with a new “all sales are final” policy, signals a quiet wind‑down with no closing timetable.

Overview

  • Liquidation sales are underway across roughly 450–457 boutiques after the company told Women’s Wear Daily it is “closing soon.”
  • The return policy now states that, as of January 14, 2026, all sales are final, with gift cards also nonreturnable.
  • Industry reports say many employees were let go without notice as clearance events began around January 16.
  • A supplier alleges approximately $250 million in unpaid invoices and describes a lack of communication from corporate.
  • The company has issued no broad public announcement or new bankruptcy filing, and no firm shutdown timeline has been disclosed.