Painted Tree Boutiques will close all stores, including in North Carolina.
The company alerted vendors at more than 60 stores nationwide on Tuesday of plans to cease all business operations.
Painted Tree Boutiques is known for supporting small business owners across the country by allowing entrepreneurs the opportunity to set up physical storefronts. Painted Tree has locations on Creedmoor Road in Raleigh and at Cary Crossroads in Cary.
In an email to shop owners partnered with Painted Tree on Tuesday, the company confirmed plans to cease all business operations effective immediately and no longer conduct retail sales at any location.
Vendors were asked to retrieve their inventory at locations by Sunday, April 24.
WRAL News has reached out to Painted Tree’s corporate communications office for more information about the announcement.
