Christmas may be over it’s really just getting started at Christmas Tree Shops
The new owners worked hard to invest in their acquisition, something they said was not being done before. “When private equity guys buy companies, they cut, cut, cut. We did the opposite, we didn’t cut anybody and in fact we brought in additional people.”
There will also be new full-line stores this year, including three in Florida, averaging 30,000 to 35,000 square feet although the Sarasota location will be larger at 45,000 square feet and will function as a defacto flagship. Plans are for 15 additional locations in 2023, primarily along the East Coast where most current stores are located.
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