Store Closing Sales Begin Immediately At 184 Select National Stores As Part Of A Recent Chapter 11 Filing
Hilco Merchant Resources, Gordon Brothers and SB360 Capital Partners Assigned to Manage Complete Store Closing Sale Process with Huge Markdowns Planned on All Merchandise
NORTHBROOK, Ill., Oct. 12, 2018 /PRNewswire/ -- National Stores will begin a store closing sale at 184 of its remaining locations today. The store closing sales are being conducted by a joint venture consisting of Hilco Merchant Resources, Gordon Brothers and SB360 Capital Partners. The specific stores that will be closing are currently branded as Fallas and Factory 2-U stores across 12 states and Puerto Rico. The store closing process is the result of the Chapter 11 Bankruptcy filing by National Stores, Inc. and certain of its affiliates. As part of the restructuring, management at the retail chain has conducted a store rationalization process resulting in the shutdown of these specific stores.
Shoppers will find huge markdowns starting today at the locations listed below. The entire store will be on sale, with significant reductions of up to 30% off the lowest ticketed prices. Consumers can take advantage of tremendous savings on a full selection of merchandise including school uniforms & school supplies, backpacks & lunchboxes, apparel & shoes for the whole family in a wide range of styles and sizes. The sale will also feature great deals on home goods items along with famous brand names in all departments.
A spokesperson for the joint venture said, "These stores are well known in the local markets where they have served their communities for years. The sale provides an opportunity for consumers to buy products at compelling discounts. Consumers are encouraged to shop early, stock up on school uniforms and get a head start on holiday shopping while selections are best."
About National Stores: National Stores has locations in twenty-two states and Puerto Rico. National Stores currently does business as Fallas, Fallas Paredes, Fallas Discount Stores, Factory 2-U, Anna's Linens by Fallas, and Falas (spelled with single "l" in Puerto Rico). The National Stores are located in retail plazas, specialty centers, and downtown areas to serve the communities its customers and staff members call home.
About Hilco Merchant Resources: Hilco Merchant Resources (www.hilcomerchantresources.com) provides a wide range of analytical, advisory, asset monetization, and capital investment services to help define and execute a retailer's strategic initiatives. Activities fall into several principal categories including acquisitions; disposition of underperforming stores; retail company or division wind downs; event sales to convert unwanted assets into working capital; facilitation of mergers and acquisitions; interim company, division or store management teams; loss prevention; and, the monetization of furniture, fixtures and equipment. Hilco Merchant Resources subsidiaries include the nation's premier fixture and equipment liquidation firm, Hilco Fixture Finders (www.hilcofixturefinders.com) as well as the popular online retail and daily deal e-commerce company, Deal Genius, LLC (www.dealgenius.com). Hilco Merchant Resources is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com), one of the world's leading authorities on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace.
About Gordon Brothers: Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, operating executives, advisors, and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four service areas: valuations, dispositions, operations, and investments. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial, and industrial sectors to put assets to their highest and best use. Gordon Brothers conducts more than $70 billion worth of dispositions and appraisals annually. Gordon Brothers is headquartered in Boston, with 25 offices across five continents.
About SB360 Capital Partners, LLC: SB360 Capital Partners (www.sb360.com), a Schottenstein Affiliate, helps businesses manage change, restructure assets, and turn around dwindling profitability. SB360's equity investments in retail, wholesale, and consumer product companies, fund turnarounds and infuse capital for growth opportunities. Other acquisitions provide liquidity to businesses experiencing change. SB360 acquires assets of all types including inventory, fixed assets, intellectual property, real estate, and complete business units. Asset disposition services range from guaranteed asset value recovery to acting as a liquidation consultant. The firm also has entities engaged in real estate advisory, commercial real estate investment, and the operation of the SBC Logistics Asset Recovery Center in Columbus. A lending affiliate, Second Avenue Capital Partners, provides asset-based loans for middle market companies. The principals of SB360 hold extensive commercial interests in national retail and wholesale operations; internationally recognized consumer brands; commercial, residential, and industrial real estate properties; and financial service operations.
Full List of Closing Stores | ||||
Factory 2U | 1021 North Arizona Ave. | Chandler | AZ | 85224 |
Factory 2U | 3334 West Van Buren | Phoenix | AZ | 85009 |
Factory 2U | 5239 West Indian School Road | Phoenix | AZ | 85031 |
Factory 2U | 1227 West Saint Mary's Road | Tucson | AZ | 85745 |
Fallas | 204 W. 5th Street | Douglas | AZ | 85607 |
Fallas | 4321 Bethany Home Road | Glendale | AZ | 85301 |
Fallas | 1036 E. Southern Ave | Mesa | AZ | 85204 |
Fallas | 8837 North 19th Avenue S#320 | Phoenix | AZ | 85021 |
Fallas | 4105 North 51st Avenue Suite # 139 | Phoenix | AZ | 85031 |
Fallas | 4152 E. 22nd Street | Tucson | AZ | 85713 |
Fallas | 10310 Sepulveda Blvd | Mission Hills | CA | 91345 |
Factory 2U | 9035 Woodman Avenue | Arleta | CA | 91331 |
Factory 2U | 1503 White Lane | Bakersfield | CA | 93307 |
Factory 2U | 6813 Eastern Avenue | Bell Gardens | CA | 90201 |
Factory 2U | 525 Main Street | Brawley | CA | 92227 |
Factory 2U | 1450 East Hatch Road Suite # C | Ceres | CA | 95307 |
Factory 2U | 1319 Third Avenue | Chula Vista | CA | 91911 |
Factory 2U | 1010 Cecil Street | Delano | CA | 93215 |
Factory 2U | 1730 North Imperial Avenue | El Centro | CA | 92243 |
Factory 2U | 5243 North Blackstone | Fresno | CA | 93710 |
Factory 2U | 137 East Orangefair Mall | Fullerton | CA | 92832 |
Factory 2U | 9691 Chapman Avenue | Garden Grove | CA | 92841 |
Factory 2U | 3210 West Century Boulevard | Inglewood | CA | 90303 |
Factory 2U | 1226 Commerce Center Drive | Lancaster | CA | 93534 |
Factory 2U | 7124 Broadway Avenue | Lemon Grove | CA | 91945 |
Factory 2U | 3220 Anaheim Street | Long Beach | CA | 90804 |
Factory 2U | 10801 Long Beach Boulevard | Lynwood | CA | 90262 |
Factory 2U | 885 West Henderson Avenue | Porterville | CA | 93257 |
Factory 2U | 9040 Foothill Boulevard #101 | Rancho Cucamonga | CA | 91730 |
Factory 2U | 1201 East Manning Avenue | Reedley | CA | 93654 |
Factory 2U | 185 Baseline Street | Rialto | CA | 92376 |
Factory 2U | 1502 North Main Street | Salinas | CA | 93906 |
Factory 2U | 330 West Baseline | San Bernardino | CA | 92410 |
Factory 2U | 2949 Coronado Avenue | San Diego | CA | 92154 |
Factory 2U | 2816 South White Road | San Jose | CA | 95148 |
Factory 2U | 699 Lewelling Boulevard | San Leandro | CA | 94579 |
Factory 2U | 175 Virginia Avenue | San Ysidro | CA | 92173 |
Factory 2U | 1360 West Edinger Avenue | Santa Ana | CA | 92704 |
Factory 2U | 48 North American Street | Stockton | CA | 95202 |
Factory 2U | 1010 East Hammer Lane #B | Stockton | CA | 95210 |
Factory 2U | 3435 Sonoma Boulevard | Vallejo | CA | 94590 |
Factory 2U | 1404 Freedom Boulevard | Watsonville | CA | 95076 |
Factory 2U | 860 Gray Avenue | Yuba City | CA | 95991 |
Fallas | 2230 E Lincoln Avenue | Anaheim | CA | 92806 |
Fallas | 6249 East Niles St | Bakersfield | CA | 93306 |
Fallas | 14121 E. Romona Blvd. | Baldwin Park | CA | 91706 |
Fallas | 504 E Virginia Way | Barstow | CA | 92311 |
Fallas | 21035 Sherman Way | Canoga Park | CA | 91303 |
Fallas | 6045 Madison Ave | Carmichael | CA | 95608 |
Fallas | 614 Palomar Street | Chula Vista | CA | 91911 |
Fallas | 49221 Grapefruit Blvd | Coachella | CA | 92236 |
Fallas | 371 S Lincoln Avenue | Corona | CA | 92882 |
Fallas | 670 Jamacha Road | El Cajon | CA | 92019 |
Fallas | 1380 East Valley Parkway | Escondido | CA | 92027 |
Fallas | 16805 Valley Blvd. | Fontana | CA | 92335 |
Fallas | 4989 East Kings Canyon | Fresno | CA | 93727 |
Fallas | 3011 N. Cedar Ave | Fresno | CA | 93703 |
Fallas | 4102 N West Ave. | Fresno | CA | 93705 |
Fallas | 1550 Highway 99 | Gridley | CA | 95948 |
Fallas | 956 West Sepulveda Boulevard | Harbor City | CA | 90710 |
Fallas | 13119 Hawthorne Blvd | Hawthorne | CA | 90250 |
Fallas | 1735 W. Florida Ave | Hemet | CA | 92545 |
Fallas | 5461 North Figueroa Street | Highland Park | CA | 90042 |
Fallas | 82-150 Hwy 111 | Indio | CA | 92201 |
Fallas | 17600 Collier Ave. Ste J195 | Lake Elsinore | CA | 92530 |
Fallas | 1837 La Cienega Boulevard | Los Angeles | CA | 90035 |
Fallas | 5060 Rodeo Road | Los Angeles | CA | 90016 |
Fallas | 1800 Prescott | Modesto | CA | 95350 |
Fallas | 5391 Moreno Drive | Montclair | CA | 91763 |
Fallas | 23805 Sunnymead Boulevard | Moreno Valley | CA | 92553 |
Fallas | 12530 Day Street | Moreno Valley | CA | 92552 |
Fallas | 3470 Highland Avenue | National City | CA | 91950 |
Fallas | 12201 Victory Blvd. | North Hollywood | CA | 91606 |
Fallas | 10851 Imperial Highway | Norwalk | CA | 90650 |
Fallas | 459 College Blvd Ste. F | Oceanside | CA | 92057 |
Fallas | 3764 Mission Ave. #109 | Oceanside | CA | 92058 |
Fallas | 2600 N. Vineyard Ave. | Oxnard | CA | 93036 |
Fallas | 3900 N. Perris Blvd | Perris | CA | 92571 |
Fallas | 8610 Whittier Boulevard | Pico Rivera | CA | 90660 |
Fallas | 570 South Mount Vernon Avenue | San Bernardino | CA | 92410 |
Fallas | 201 West 4th Street | Santa Ana | CA | 92701 |
Fallas | 1145 Cherry St | Tulare | CA | 93274 |
Fallas | 2405 Geer Rd | Turlock | CA | 95382 |
Fallas | 7500 S. Alameda St. | Walnut Park | CA | 90255 |
Fallas | 19718 Sherman Way | Winnetka | CA | 91306 |
Fallas | 31833 Date Palm Drive | Cathedral City | CA | 92234 |
Fallas | 515 W. 49th Street | Hialeah | FL | 33012 |
Fallas | 7407 W Colonial Dr | Highland Lakes | FL | 32818 |
Fallas | 3831 W. Vine St | Kissimmee | FL | 34741 |
Fallas | 6400 Lake Worth Rd. | Lake Worth | FL | 33463 |
Fallas | 3201 North State Rd., #7 | Lauderdale Lakes | FL | 33319 |
Fallas | 850 Ives Dairy Rd Suite T-3 | Miami | FL | 33179 |
Fallas | 7200 West McNab Rd | North Lauderdale | FL | 33068 |
Fallas | 12351 Orange Blossom Trail | Orlando | FL | 32837 |
Fallas | 7879 S Orange Blossom Trail | Orlando | FL | 32809 |
Fallas | 8354 Pines Blvd. | Pembroke Pines | FL | 33024 |
Fallas | 2241 E. Hillsbrough | Tampa | FL | 33610 |
Fallas | 20811 S. Dixie Hwy | Cutler Bay | FL | 33189 |
Fallas | 2841 Greenbriar Pkwy. | Atlanta | GA | 30331 |
Fallas | 2801 Candler Rd. | Decatur | GA | 30034 |
Fallas | 3435 Memorial Dr. | Decatur | GA | 30032 |
Fallas | 1968 Mt. Zion Rd. St 203 | Morrow | GA | 30260 |
Fallas | 971 N Hairston Rd | Stone Mountain | GA | 30083 |
Factory 2U | 16809 S. Torrance Ave | Lansing | IL | 60438 |
Fallas | 500 Geneva Avenue | Dorchester | MA | 02122 |
Fallas | 180 Haverhill St. | Methuen | MA | 01844 |
Fallas | 1024 Kings Highway | New Beford | MA | 02745 |
Fallas | 176 Somerville Ave. | Somerville | MA | 02143 |
Fallas | 1379A Liberty Street | Springfield | MA | 01104 |
Fallas | 1522 Boston Rd. | Springfield | MA | 01129 |
Fallas | 1100 Wesleyan Blvd | Rocky Mount | NC | 27804 |
Fallas | 8215-A University City Blvd | Charlotte | NC | 28213 |
Fallas | 6029 South Boulevard | Charlotte | NC | 28273 |
Fallas | 5701 Yadkin Road | Fayetteville | NC | 28303 |
Fallas | 2108 Highway 70 SE | Hickory | NC | 28602 |
Fallas | 3665 New Bern Avenue | Raleigh | NC | 27610 |
Fallas | 1215 Silas Creek Parkway | Winston Salem | NC | 27127 |
Factory 2U | 1225 El Paseo Road | Las Cruces | NM | 88001 |
Factory 2U | 2601 North Main Street | Roswell | NM | 88201 |
Fallas | 1300 W. I40 Frontage | Gallup | NM | 87301 |
Fallas | 2510 Main Street | Los Lunas | NM | 87031 |
Fallas | 574 N. Stephanie Street | Henderson | NV | 89014 |
Fallas | 1822 East Charleston Boulevard | Las Vegas | NV | 89104 |
Fallas | 6895 Sierra Center Parkway | Reno | NV | 89511 |
Fallas | 404 N. McCarran Blvd., Unit G520A | Sparks | NV | 89431 |
Fallas | 221 SE 74th Street | Oklahoma City | OK | 73149 |
Factory 2U | 1000 N. Pine St | Spartanburg | SC | 29303 |
Factory 2U | 1121 Broad St. | Sumter | SC | 29150 |
Fallas | 5422 Forest Drive | Columbia | SC | 29206 |
Factory 2U | 4200 South Freeway Ste#1710 | Fort Worth | TX | 76115 |
Factory 2U | 5540 North Freeway | Houston | TX | 77076 |
Factory 2U | 4701 San Dario Avenue | Laredo | TX | 78041 |
Factory 2U | 8260 Marbach Road Suite # 112 | San Antonio | TX | 78227 |
Fallas | 1435 W Arbrook Blvd | Arlington | TX | 76015 |
Fallas | 5421 N. Interstate 35 | Austin | TX | 78723 |
Fallas | 4400 Frederuckburg Road | Balcones Heights | TX | 78201 |
Fallas | 2334 Boca Chica Blvd | Brownsville | TX | 78521 |
Fallas | 900 E Elizabeth Rd St | Brownsville | TX | 78520 |
Fallas | 1601 East Price Road | Brownsville | TX | 78521 |
Fallas | 1103 S. Josey Lane | Carrollton | TX | 75006 |
Fallas | 10241 S. Padre Island Dr | Corpus Christi | TX | 78418 |
Fallas | 4959 Ayers Street | Corpus Christi | TX | 78415 |
Fallas | 11255 Garland Road, #1050 | Dallas | TX | 75218 |
Fallas | 3701 West Northwest Hwy # 222 | Dallas | TX | 75220 |
Fallas | 4241 W. Camp Wisdom Rd., Suite B | Dallas | TX | 75237 |
Fallas | 321 East University Avenue | Edinburg | TX | 78539 |
Fallas | 2200 Yarbrough Drive | El Paso | TX | 79925 |
Fallas | 615 Zaragoza | El Paso | TX | 79907 |
Fallas | 1700 Zaragosa, Suite 134-136 | El Paso | TX | 79936 |
Fallas | 115 South Americas Avenue | El Paso | TX | 79907 |
Fallas | 8500 Dyer Street, Suite # 45 | El Paso | TX | 79904 |
Fallas | 6351 S. Desert, Building A Suite 212 | El Paso | TX | 79932 |
Fallas | 6904 Camp Bowie | Fort Worth | TX | 76116 |
Fallas | 2551 Ephriham Drive | Fort Worth | TX | 76106 |
Fallas | 2500 S. Carrier Pwy | Grand Prairie | TX | 75052 |
Fallas | 509 East Expressway 77 | Harlingen | TX | 78550 |
Fallas | 701 N 13th Street, Suite 1B | Harlingen | TX | 78550 |
Fallas | 701 N. International Blvd. Ste.123 | Hidalgo | TX | 78557 |
Fallas | 11075 I-10 East | Houston | TX | 77015 |
Fallas | 7840 Long Point | Houston | TX | 77055 |
Fallas | 8201 Broadway | Houston | TX | 77061 |
Fallas | 5828 Lyons Avenue | Houston | TX | 77020 |
Fallas | 1539 Little York Road | Houston | TX | 77093 |
Fallas | 6405 W. 43rd St. | Houston | TX | 77092 |
Fallas | 3333 Telephone Rd Ste. J | Houston | TX | 77023 |
Fallas | 9771 FM 1960 Bypass Rd W | Humble | TX | 77338 |
Fallas | 3554 W Airport Fwy | Irving | TX | 75062 |
Fallas | 501 S Timberland Drive | Lufkin | TX | 75901 |
Fallas | 1222 South Shaver | Pasadena | TX | 77506 |
Fallas | 1701 S. Cage Blvd. Suite 116-118 | Pharr | TX | 78577 |
Fallas | 185 SW Military Drive | San Antonio | TX | 78221 |
Fallas | 3524 South New Braunfels | San Antonio | TX | 78223 |
Fallas | 4807 West Commerce Avenue | San Antonio | TX | 78237 |
Fallas | 6161 Northwest Loop 410 | San Antonio | TX | 78238 |
Fallas | 5428 Walzem Road | San Antonio | TX | 78218 |
Fallas | 1800 South W.W. White | San Antonio | TX | 78220 |
Fallas | 100 S Zarzamora St | San Antonio | TX | 78207 |
Fallas | 2315 SW. Military Drive | San Antonio | TX | 78224 |
Fallas | 5217 N. Navarro | Victoria | TX | 77904 |
Fallas | Corozal Plaza Shopping Center | Corozal | PR | 00783 |
Fallas | Plaza Atenas Shopping Center | Manati | PR | 00674 |
Fallas | 20 Felipe de Plana Street | San Juan | PR | 00965 |
Fallas | Plaza Aquarium Mall | Tao Alta | PR | 00953 |
Fallas | Carr 155 Int. Carr 2 | Vega Baja | PR | 00693 |
SOURCE Hilco Merchant Resources
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