- National Stores
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Fallas Paredes #216 in Brays Oaks, Houston
National Stores Inc. is a chain of clothing retail stores with headquarters in the Harbor Gateway area of Los Angeles, California;[1] the headquarters is located near the City of Gardena.[2] The chains operated by National Stores include Factory 2-U, Fallas Discount Stores, Fallas Kids, and Fallas Paredes.[3] Allison Wollam of the Houston Business Journal said that Fallas Paredes, a brand operated by National Stores, as "a value-oriented family clothing store".[4] Fallas Paredes buys closeouts from uniform manufacturers, such as French Toast.[5] Fallas Paredes caters to the Hispanic American community.[6]
History
The company opened in 1962 with one store in Los Angeles. The chains operated by National Stores include Factory 2-U, Fallas Discount Stores, Fallas Kids, and Fallas Paredes.[3]
After Weiner's in Houston closed in 2001, National Stores took over many of the store locations that were held by Weiner's.[4][7] National Stores acquired 31 of the 97 Houston-area Weiner's leases.[4]
After San Diego, California-based Factory 2-U Stores, Inc. filed for bankruptcy protection in February 2004, it arranged the sale of 172 stores to National Stores.[8] In August of that year, Factory 2-U stores announced that it was liquidating and that it would receive $28 million from selling about all of its assets to Factory 2-U Liquidation LLC, a consortium headed by National Stores.[9]
References
- ^ "Contact Us." National Stores. Retrieved on February 24, 2010.
- ^ "Fallas Paredes expanding local presence." Austin Business Journal. Monday August 11, 2008. Retrieved on February 24, 2010.
- ^ a b "About Our Company." National Stores. Retrieved on February 24, 2010.
- ^ a b c Wollam, Allison. "California retailer picks up Weiner's pieces." Houston Business Journal. Friday August 17, 2001. 1. Retrieved on February 25, 2010.
- ^ Apodaca Jones, Rose. "Getting the Most Bang for Your Clothing Buck." Los Angeles Times. August 3, 1999. Start Page 3. Southern California Living; PART- E; View Desk. Retrieved on February 25, 2010. "Fallas Paredes buys close-outs from major uniform manufacturers such as French Toast,"
- ^ "Workers know little about fate of Medford, Ore., discount store." Mail Tribune. September 8, 2004. Retrieved on February 25, 2010. "Fallas Paredes caters to the Hispanic community, which would make it a good fit in Medford."
- ^ Wollam, Allison "Fallas Paredes to close first store in local market." Houston Business Journal. Friday April 25, 2003. 1. Retrieved on February 25, 2010.
- ^ "Factory 2-U selling its stores: Factory 2-U Stores, Inc., the San Diego-based retailer of discounted apparel that filed for bankruptcy protection in February, arranged the sale of its 172 stores to a retailing group that includes National Stores Inc., a Gardena-based firm that operates Fallas Paredes stores." San Diego Business Journal. August 23, 2004. Retrieved on February 25, 2010.
- ^ Edwards, Larry M. "Factory 2-U Selling 'Substantially All' Assets." SanDiego.com. Monday August 16, 2004. Retrieved on February 25, 2010.
External links
Categories:- Companies based in Los Angeles, California
- Off-price department stores of the United States
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