
Beloved family-owned home decor chain decides to close all stores after 30 years in business
The Wallace family announced the chain will officially be going out of business in a Facebook post on June 28.
The owners opened the first gifts and home décor store in 1992 and currently operate six locations in Arkansas, Kentucky, Missouri, and Tennessee.
Now that each location will shutter, the stores are undergoing liquidation sales full of items available for 25 to 50 percent off.
The chain also adjusted its store hours, opening Monday through Saturday from 10:00 am to 6:00 pm and closing on Sundays.
A member of the Wallace family explained more details in a video to saddened customers, and confirmed the stores will be closed once there's nothing left to sell.
All sales are final, and the stores will only be accepting cash or card payment methods.
Although the stores will be shuttering, new merchandise will be arriving in stores this week, including seasonal items.
The Wallace family revealed the stores will close as soon as all products are sold
Trees n Trends is famous for offering various product categories such as furniture, home décor, accessories, and women's clothing.
The business had been operating under the name Silk Tree Factory before the Wallace family opted to change the business name.
During the early years, Trees n Trends' product line mainly consisted of bushes, stems, greenery, wreaths, and trees manufactured by drilling and potting.
Since the closure news leaked, social media users have been sharing their memories of visiting or working at one of its locations.
'So sad, I have shopped there since it opened its doors as Silk Tree Factory. You will be missed, no other store comes close to being as nice as this store!!,' a Facebook user wrote.
'I learned so so much from Joe and all the leaders. I hold a special place in my heart for this company,' a former employee responded.
'It's unfortunate that the store won't be carrying on for future generations but while the good run lasted, we were blessed to have a wholesome store family operated by Grace... Sad to see it go,' another person commented.
It's unclear what the family plans to do next, but they praised its loyal customers, workers and the 'hand of God' for helping them be successful for three decades.
All sales are final and can only be purchased with cash or card
Trees n Trends is one of the rare retailers to always be a family-owned business before store closures.
Joann started as a family-owned chain before it became public and acquired by Leonard Green & Partners.
The later went from a craft empire, to a chain that fell from grace, closing all its locations after its second bankruptcy filing in two years.
Badcock Home Furniture & More was a family-owned chain founded in 1904 before it was acquired by Franchise Group Inc. in 2021.
By July 2024, the company filed for bankruptcy with over $1 billion in debt, and shuttered its remaining 380 stores soon afterward.
Some stores have opted to perform mass closures and bankruptcy filings due to issues of adjusting to tariffs, including At Home, a HomeGoods rival that started shuttering stores before filing for bankruptcy protection in June.
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