Wondering why Bob’s Stores is shutting down all its locations? Curious about the massive discounts?
You’re not alone. Bob’s Stores announced it is closing every one of its nearly two dozen retail stores. Here’s everything you need to know.
Bob’s Stores Closure Announcement
Bob’s Stores has started “Going Out of Business” sales at its 21 locations across six Northeastern states. These sales offer massive discounts, slashing prices by 30%-70% to clear out all merchandise.
Why is Bob’s Stores Closing?
The closure comes after Bob’s Stores filed for Chapter 11 bankruptcy on June 18. The retailer couldn’t secure the finances needed to keep operations running. This financial struggle also affects Eastern Mountain Sports, which shares the same parent company.
States Affected by Bob’s Stores Closures
Here’s a breakdown of the states and the number of Bob’s Stores closing in each:
- Connecticut: 10
- Massachusetts: 6
- New Hampshire: 1
- New Jersey: 1
- New York: 2
- Rhode Island: 1
Deep Discounts and Last Chances
During the liquidation sale, you can grab top-selling items from popular brands at 30%-70% off. But act fast, these deals will go quickly.
Important Dates
- Exchanges Allowed Until: July 14
- Gift Cards and Merchandise Credits Valid Until: July 14
The End of an Era
Bob’s Stores has been a staple in local communities for nearly 70 years. Bob’s Stores President Dave Barton expressed regret over the closure, acknowledging the brand’s significant role in customers’ lives over the decades.
Bankruptcy Proceedings
Bob’s Stores is undergoing bankruptcy proceedings through the U.S. Bankruptcy Court in Delaware.
What Does This Mean for You?
If you’re a loyal Bob’s Stores customer, now is the time to take advantage of the massive discounts. Remember, exchanges and the use of gift cards and credits are only valid until July 14.
Final Thoughts
The closure of Bob’s Stores marks the end of an era, but it’s also an opportunity for customers to get great deals on quality merchandise.
Photo Credit: foxbusiness
