Factory 2-U
{{Infobox company
| name = Factory 2-U
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| image = File:Factory 2-U.jpg
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| image_caption = Factory 2-U Store #653 Rancho Cucamonga, California
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| industry = Retail
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| products = Apparel
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| parent = National Stores
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| subsid = Fallas Paredes
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| website = {{URL|http://www.fallasstores.net/}}
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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.{{cite web | url= http://www.utsandiego.com/uniontrib/20040903/news_1b3ftus.html | title= S.D. clothing chain shrinking | work= San Diego Union Tribune | date= 3 September 2004 | accessdate= 24 December 2014 | author= Penni Crabtree }}
The chain was formerly operated by Factory 2-U Stores, Inc. "[https://web.archive.org/web/20030203104649/http://www.factory2-u.com/about.html About Us]." Factory 2-U. February 3, 2003. Retrieved on February 25, 2010."[http://www.bizjournals.com/austin/stories/2004/08/30/daily46.html Factory 2-U going out of business]." Austin Business Journal. Friday September 3, 2004. Retrieved on February 25, 2010. 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.{{cite web | url= http://www.bizjournals.com/houston/stories/2004/08/30/daily46.html | title= Factory 2-U going out of business | publisher= Houston Business Journal | date= 3 September 2004 | accessdate= 24 December 2014 }}
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. 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.{{cite web | url= http://portlandtribune.com/component/content/article?id=136110 | archive-url= https://web.archive.org/web/20141224221938/http://portlandtribune.com/component/content/article?id=136110 | url-status= dead | archive-date= December 24, 2014 | title= Factory 2-U to close | publisher= Portland Tribune | date= 6 September 2004 | accessdate= 24 December 2014 | author= Gill, Holly M. }}
References
{{Reflist}}
External links
{{Portal|California|Companies}}
- [http://www.factory2-u.com/ Official National Stores website]
- [https://web.archive.org/web/20030130121524/http://www.factory2-u.com/ Factory 2-U] (Archive)
Category:Discount stores of the United States
Category:American companies established in 1962
Category:Retail companies established in 1962
Category:Companies based in San Diego
Category:1962 establishments in California
Category:Companies that filed for Chapter 11 bankruptcy in 2004
Category:Companies that filed for Chapter 11 bankruptcy in 2018