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National Stores Inc., was a family-owned company headquartered in the
Harbor Gateway The Harbor Gateway is a in the Los Angeles Harbor Region, in the southern part of the city. The neighborhood is narrow and long, running along a north-south axis. Its unusual shape has given it the alternative name of "the Shoestring Strip". T ...
area of
Los Angeles Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world' ...
,
California California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...
with 88 locations in 5 states including
Puerto Rico Puerto Rico (; abbreviated PR; tnq, Boriken, ''Borinquen''), officially the Commonwealth of Puerto Rico ( es, link=yes, Estado Libre Asociado de Puerto Rico, lit=Free Associated State of Puerto Rico), is a Caribbean island and Unincorporated ...
, and employed 2200 people nationwide as of January 2022. National Stores Inc. did business as: Fallas, Fallas Paredes, Fallas Discount Stores, Factory 2-U, Conway,
Weiner's Weiner's Stores, Inc., was a clothing retailer with its headquarters in Spring Branch and in Houston, Texas.Anna's Linen's by Fallas, and offers brand name and private label clothing for men, ladies, boys, girls, juniors, infants and toddlers along with lingerie, shoes and household items.About Our Company
" National Stores. Retrieved on February 24, 2010.
Fallas Paredes caters to the
Hispanic American Hispanic and Latino Americans ( es, Estadounidenses hispanos y latinos; pt, Estadunidenses hispânicos e latinos) are Americans of Spanish and/or Latin American ancestry. More broadly, these demographics include all Americans who identify as ...
community.


History

National Stores was started in 1962 by Joseph Fallas in a single downtown Los Angeles store as Fallas Paredes. The current CEO / owner of National Stores is Joseph's son, Michael Fallas, who started working as a stock boy at age five.


Expansion

National Stores acquired 31 of the 97 Houston-area Weiner's store locations in 2001 when Weiner's began liquidation after filing for bankruptcy for the second time within five years. National Stores acquired San Diego, California-based
Factory 2-U Stores, Inc. 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. The chain was for ...
when it filed for bankruptcy protection in February 2004 and arranged for 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. National Stores acquired the Conway Stores chain in January 2014. On August 27, 2015, National Stores performed a store lease takeover auction of 41 Anna's Linens store leases out of a debtor's sale. Some previously Anna's Linens stores in certain locations will be branded ''"Anna's Linens by Fallas"'' according to the intellectual property rights acquired by National Stores and will continue the basic Anna's Linen product offering. In the second quarter of 2016, National Stores leaves a 600,000-square-foot regional distribution center in Otay Mesa, California and moves to a building development by Sares-Regis (SRG) in Perris, California, signing a $26 million 10-year lease, in an effort to realize a more centralized logistic location. In August 2018, National Stores filed for chapter 11 bankruptcy protection with plans to close 74 of its 344 stores under a reorganization plan. The liquidation sales expanded to 184 Fallas and Factory 2-U stores starting in October 2018. On August 31, 2022, National Stores closed all remaining locations throughout Puerto Rico and the contiguous United States as a result of further restructuring and liquidation of remaining assets.


Celebrity Endorsement

In November 2014, National Stores partnered with Latin American actress / musical artist
Maite Perroni Maite Perroni Beorlegui (born 9 March 1983) is a Mexican actress, singer, songwriter and producer. Perroni gained international fame in 2004 as a member of the Latin Grammy-nominated Latin pop group RBD. As an actress, Perroni's career began ...
to introduce he
Coleccion Maite Perroni
a contemporary fashion line inspired by her favorite designers reflecting her own personal taste.


References


External links


National Stores
{{History of Retail in Southern California 1962 establishments in California Companies based in Los Angeles American companies established in 1962 Retail companies established in 1962 Discount stores of the United States Family-owned companies of the United States Companies that filed for Chapter 11 bankruptcy in 2018