Factory 2-U
 Factory 2-U Store #653 Rancho Cucamonga, California | |
| Industry | Retail |
|---|---|
| Products | Apparel |
| Parent | National Stores |
| Subsidiaries | Fallas Paredes |
| Website | www |
Factory 2-U is a chain of stores founded in 1962, operated by National Stores. The brand under National Stores sells off-brand apparel under the Factory 2-U name. Factory 2-U also operates stores under the name Fallas Paredes.[1]
The chain was formerly operated by Factory 2-U Stores, Inc. [2][3] which was headquartered in San Diego, California. The company was known for selling excess apparel and closeout merchandise from brands such as Converse, Gap, Levi's, and Polo Sport.[4]
In 2003 the company Factory 2-U Stores operated locations in Alabama, Arizona (where it already had locations), Arkansas, California, Louisiana, Mississippi, Missouri, Nevada, New Mexico, Oklahoma, Oregon, Tennessee, Texas, and Washington.[2] When Factory 2-U Stores filed for bankruptcy protection in February 2004, it arranged the sale of 172 stores to National Stores. In August 2004, Factory 2-U stores liquidated, receiving $28.5 million from the sale to Factory 2-U Liquidation LLC, a consortium headed by National Stores.[5]
References
[edit]- ^ Penni Crabtree (3 September 2004). "S.D. clothing chain shrinking". San Diego Union Tribune. Retrieved 24 December 2014.
- ^ a b "About Us." Factory 2-U. February 3, 2003. Retrieved on February 25, 2010.
- ^ "Factory 2-U going out of business." Austin Business Journal. Friday September 3, 2004. Retrieved on February 25, 2010.
- ^ "Factory 2-U going out of business". Houston Business Journal. 3 September 2004. Retrieved 24 December 2014.
- ^ Gill, Holly M. (6 September 2004). "Factory 2-U to close". Portland Tribune. Retrieved 24 December 2014.
External links
[edit]
- Official National Stores website
- Factory 2-U (Archive)