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. 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. National Stores acquired the Conway Stores chain in January 2014. 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.

when it filed for bankruptcy protection in February 2004 and arranged for the sale of 172 stores to National Stores. National Stores acquired San Diego, California-based Factory 2-U Stores, Inc. 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. The current CEO / owner of National Stores is Joseph's son, Michael Fallas, who started working as a stock boy at age five. National Stores was started in 1962 by Joseph Fallas in a single downtown Los Angeles store as Fallas Paredes. Fallas Paredes caters to the Hispanic American community. did business as: Fallas, Fallas Paredes, Fallas Discount Stores, Factory 2-U, Conway, Weiner's, CW Price, Falas (spelled with single 'l' in Puerto Rico) and 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.

no longer has any operating stores within the continental U.S. National Stores Inc., was a family-owned company headquartered in the Harbor Gateway area of Los Angeles, California with 88 locations in 5 states including Puerto Rico, and employed 2200 people nationwide as of January 2022.

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