Francesca's, a U.S. women's fashion and accessory retail chain, is reportedly closing all its stores as it seeks to liquidate the business. (Linda Moss/CoStar).

Another U.S. retailer is expecting to close all its stores and liquidate its business.

Francesca’s, a Houston-based women’s fashion and accessory retail chain, has started liquidation sales with “Everything Must Go” signs at stores throughout the country. Women’s Wear Daily reported the going-out-of-business sales started Friday after Francesca’s reportedly severed ties with its merchants with the intention of liquidating its merchandise.

One vendor told the industry publication the company was owed $250 million in unpaid invoices, with no correspondence to vendors. Francesca’s did not immediately respond to multiple requests for comment from CoStar News.