Bob’s Stores, a subsidiary of GoDigital Media Group, is closing all its locations and liquidating all inventory as part of a Chapter 11 restructuring petition filed on June 18. The going-out-of-business sales started on Friday with discounts of 30-70% off on workwear, footwear, team wear, everyday clothing, store fixtures, furniture, and equipment.
Despite efforts to make changes to the company’s structure and operations, Bob’s Stores was unable to secure the necessary finances to continue operations. Hilco Merchant Resources and Gordon Brothers will manage the liquidation event for all 21 Bob’s Stores locations throughout Connecticut, Massachusetts, New Hampshire, New Jersey, New York, and Rhode Island.
In a statement released by Hilco Merchant Resources today (June 29), Dave Barton expressed regret over the financial situation that led to the closure of Bob’s Stores. “Bob’s Stores has been a community staple for nearly 70 years,” said Barton in a statement. “We are thankful for the support of vendors, suppliers, customers
