Factory 2-U
| Company type | Subsidiary |
|---|---|
| Industry | Retail |
| Founded | 1962 |
| Headquarters | San Diego , United States |
Area served | United States (multiple states including Alabama, Arizona, Arkansas, California, Louisiana, Mississippi, Missouri, Nevada, New Mexico, Oklahoma, Oregon, Tennessee, Texas, Washington) |
| Products | Off-brand clothing, surplus apparel |
| Parent | National Stores |
Factory 2-U is a retail brand launched in 1962 and is presently managed by National Stores. Under this management, Factory 2-U offers off-brand clothing and also runs outlets under the Fallas Paredes banner.
Initially overseen by Factory 2-U Stores, Inc. with its headquarters located in San Diego, California, the enterprise focused on marketing surplus apparel and clearance items from well-known labels such as Converse, Gap, Levi's, and Polo Sport.
By the year 2003, Factory 2-U Stores maintained operations in numerous states including Alabama, Arizona, Arkansas, California, Louisiana, Mississippi, Missouri, Nevada, New Mexico, Oklahoma, Oregon, Tennessee, Texas, and Washington.
After filing for bankruptcy protection in February 2004, Factory 2-U negotiated the transfer of 172 stores to National Stores. Subsequently, in August 2004, the company underwent liquidation, generating $28.5 million through the sale to Factory 2-U Liquidation LLC, an entity led by National Stores.
External links
- Official National Stores website
- Factory 2-U (Archive)