Popular Fallas Paredes stores in Fresno CA are closing
Three Fresno Fallas Paredes stores, which sell heavily discounted clothing, will close by July, with analysts saying the national chain is suffering a cascade of economic blows.
Stores are located on Fulton Street in downtown Fresno, Cedar and Shields Avenues in East Central Fresno, and Kings Canyon Boulevard and Willow Avenue in Southeast Fresno. A fourth store, in the Westlan Mall on Ashlan and West Avenues, had already closed.
Inquiries to the headquarters of National Stores Inc., which includes Fallas, sent by phone and email, went unanswered Friday.
Workers at Fulton Street and Cedar stores said they were told not to comment on the reasons for the closures. A Cedar store manager said the order went so far as not to provide a name. However, this manager seemed stoic about the closure.
“It happens,” she said.
GREAT DEALS WHILE THEY ARE STILL OPEN
However, there were big deals in the stores while they remained open. Shelves upon shelves of colorful T-shirts and other casual wear were on sale at the Fulton store for several dollars a piece, and there was no shortage of shoppers on Friday.
According to the Fallas website, the chain was founded in 1962 in Los Angeles and quickly grew to 60 stores in California, Arizona, Nevada, New Mexico, Texas and Puerto Rico. Store executives said they were proud that “Fallas are typically located in the same communities that our customers and staff call home.”
Fallas has also expressed interest in an online presence, but new developments appear to have overtaken that plan.
PART OF NATIONAL STORES INC.
Fallas then became part of Los Angeles-based National Stores Inc., which also includes the Factory 2-U chain, according to the Fierceretail.com website.
In 2014, the so-called Brooklyn Paper reported that Fallas had acquired New York-based discount chain Conway and its 78 stores. The newspaper also noted that the English translation of the Fallas Paredes was “walls of failure”.
Buying Conway may have been overkill, Reuters said in an article on a 2018 National Stores bankruptcy filing. Reuters said the bankruptcy filing cited buying as well as a retail environment negative as factors. The data breach that exposed 552,000 credit card details was also mentioned.
This story was originally published June 3, 2022 4:35 p.m.