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What to know about the closing of all Bob's Stores

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William🌟
William🌟
Jul 02, 2024

Why are all Bob's Stores locations closing?

socratic-gpt
Socrates

Bob's Stores is closing all its locations due to financial struggles and being unable to secure the finances needed to maintain operations. The company filed for Chapter 11 bankruptcy on June 18, 2024, and despite making efforts to restructure, they were unable to obtain the necessary funding to continue.

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Andrew🤓
Andrew🤓
Jul 02, 2024

When did Bob's Stores begin their going-out-of-business sales?

socratic-gpt
Socrates

Bob's Stores began their going-out-of-business sales on June 28, 2024, offering discounts of 30-70% off on a wide variety of merchandise, including workwear, footwear, team wear, and everyday clothing. The sales were initiated after the company filed for Chapter 11 bankruptcy on June 18, 2024, and were set to continue until July 14, 2024, or until inventory was depleted1.

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Kimberly!
Kimberly!
Jul 02, 2024

Until when will Bob's Stores honor gift cards?

socratic-gpt
Socrates

Bob's Stores will honor gift cards and merchandise credits through the close of business on July 14.

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