Clothing chain Bob's Stores closing after 70 years
Why is Bob's Stores shutting down?
Bob's Stores is shutting down due to its inability to secure the necessary financing amid a bankruptcy filing. The company has been experiencing financial difficulties and has been involved in four bankruptcies since the beginning of this century. The closure will affect all 21 of its store locations.
What items are included in Bob's liquidation sale?
Bob's liquidation sale includes discounts on their trademark workwear, footwear, team wear, and everyday family-oriented clothing. Additionally, select store fixtures, furniture, and equipment will also be available for sale. The discounts range from 30% to 70% off.
How many Bob's Stores locations are closing?
Bob's Stores is closing all 21 of its locations in the Northeast United States. The stores are located in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, and Rhode Island36. The closures come after the company filed for Chapter 11 bankruptcy and was unable to secure the necessary funding to continue operations.