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Francesca's Files for Chapter 11 Bankruptcy, Rejects 137 Leases

Women's Boutique Strikes Deal with Stalking Horse Bidder
Francesca's is planning to sell itself and slash its store footprint. (Marissa Luck/CoStar News)
Francesca's is planning to sell itself and slash its store footprint. (Marissa Luck/CoStar News)
CoStar News
December 4, 2020 | 9:01 P.M.

Francesca's Holdings Corp., a women's clothing and gift boutique operator, filed for Chapter 11 bankruptcy protection, plans to sell itself, and is shrinking its store count by 20% across the nation as deeper pandemic restrictions bite into its business.

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