Christmas Tree Shops, with a store in Shrewsbury among its 83 locations, is reportedly preparing to file for Chapter 11 bankruptcy.

The retailer, with roots on Cape Cod dating to the 1950s, has hired the Boston law fire Murphy & King to prepare for a filing, according to the Wall Street Journal. The company is headquartered in Middleborough.

In 2003, Bed Bath & Beyond, which itself filed for bankruptcy protection on April 23, bought Christmas Tree Shops for $200 million and expanded the regional retailer.

Bed Bath & Beyond then sold Christmas Tree Shops to Handhil Holdings LLC, a private company, in November 2020 for an undisclosed amount of money.

More: Bed Bath & Beyond, facing bankruptcy and string of store closings, stops accepting coupons

The Shrewsbury store, in the Olde Shrewsbury Village plaza at Routes 9 and 20, opened more than 30 years ago.

According to the store's website, there are currently 15 Christmas Tree Shops locations in Massachusetts, including five on Cape Cod: Avon, Falmouth, Foxborough, Holyoke, Hyannis, Lynnfield, Natick, North Attleborough, North Dartmouth, Orleans, Pembroke, Sagamore, Shrewsbury, Somerville and West Dennis.

Material from The Herald News of Fall River was used in this report.

This article originally appeared on Telegram & Gazette: Report: Christmas Tree Shops headed to Chapter 11 bankruptcy