Bob's Stores will close all locations, go out of business after 70 years


A beloved North East chain is officially closing its doors for good after filing a claim Chapter 11 bankruptcy a few weeks ago.

Bob's Stores will close all 21 remaining locations in Connecticut, Massachusetts, New York, New Hampshire, New Jersey and Rhode Island.

Connected: Music retailer Sam Ash is closing all locations after a century

“We regret that our financial position has made it necessary to liquidate Bob's Stores,” Dave Barton, president of Bob's Stores, said in a statement. company release. “Bob's has been a stalwart of our local communities for nearly 70 years, and we know our customers remember us as having been there for important moments in their lives.”

The discount retailer is best known for its low prices on sportswear and other clothing items.

The company began liquidating inventory at its remaining locations on June 28 and is holding out-of-business sales that offer customers discounts of up to 70%.

Some stores will also sell store fixtures, furniture, appliances, and other merchandise.

Bob's Stores will honor gift cards and store credit until July 14, when the business will officially close for good.

Connected: Express filings for Chapter 11 Bankruptcy, closing stores

TJX acquired the retailer in 2003; then TJX sold it to private equity firms Versa Capital Management and Crystal Capital in 2008.

Bob changed hands again in 2017 before GoDigital Media Group I bought it in the year 2022.

Bob's Stores joins dozens of other chains, such as wont and music retailer Sam Ashwhich filed for Chapter 11 this year and were forced to close old brick-and-mortar stores across the U.S.



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