Bob’s Stores to near crossways New England – Journal Today Online

Bob’s Stores, a reduction covering and footgear retailer, is approaching every its locations and liquidating every listing as conception of a Chapter 11 restructuring asking filed on June 18, according to a advise promulgation from Hilco Merchant Resources.

Bob’s Stores began going-out-of-business income in every locations Friday, which allow discounts of 30-70% off.

Shoppers module encounter discounts on workwear, footwear, aggroup wear, and routine clothing, the promulgation said. Store fixtures, furniture, and equipment module also be for sale.

Gift game and goods credits module be reputable until the stores near on July 14.

Despite making changes to the company’s scheme and operations, Bob’s Stores was unable to bonded the assets necessary to reassert operations, the release said.

Hilco Merchant Resources, a playing direction consultant supported in Illinois, and Gordon Brothers, a retail-focused assets concern in Boston, module control the execution event, including every Bob’s 21 stores throughout Connecticut, Massachusetts, New Hampshire, New Jersey, New York, and Rhode Island.

“We feel that our business function necessitated the execution of Bob’s Stores,” Dave Barton, chair of Bob’s Stores, said in a statement. “Bob’s has been a courageous of our topical communities for nearly 70 years, and we undergo our customers advert us as having been there for field moments in their lives. We rest glad to our vendors, suppliers, customers and employees for every of their hold over the years.”

Headquartered in Meriden, Connecticut, Bob’s Stores is famous for its inexpensive prices and broad goods offerings.

It is a supplementary of GoDigital Media Group, a international corp that connects “creativity to commerce” and owns another businesses much as Cinq Music, Eastern Mountain Sports, and YogaWorks.

A countenance at the stores closing:

See more

Loading…