Bob’s Shops provide ‘going out of enterprise gross sales’ earlier than closing this month. Pictured: Hamden retailer.
CONNECTICUT (WTNH) — Bob’s Shops representatives introduced Monday the corporate will shut all areas and liquidate all remaining stock.
“Going out of enterprise” gross sales started in shops on Friday, with reductions from 30 to 70%.
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“Regardless of making swift and aggressive adjustments to the corporate’s construction and operations, Bob’s Shops was unable to safe the funds wanted to take care of operations,” Hilco Service provider Assets mentioned in a press launch.
The next shops will shut in Connecticut:
Ansonia: 409 Primary St
Hamden: 2300 Dixwell Ave
Manchester: 179 Pavilions Dr
Middletown: 416 East Primary St
Milford: 195 Cherry St
Newington: 172 Kitts Lane
Simsbury: 504 Bushy Hill Rd
Southington: 835 Queen St
Waterbury: 910 Wolcott
Waterford: 167 Parkway N
All retailer areas in Massachusetts, New Hampshire, New Jersey, New York and Rhode Island may even shut.
Reward playing cards and merchandise credit can be honored earlier than the shops shut, officers mentioned.
The closures can be a part of the Chapter 11 restructuring petition filed on June 18, 2024.
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President of Bob’s Shops Dave Barton mentioned they’re grateful for his or her distributors, suppliers, clients, and staff for his or her help through the years.
“We remorse that our monetary place necessitated the liquidation of Bob’s Shops. Bob’s has been a stalwart of our native communities for almost 70 years, and we all know our clients keep in mind us as having been there for main moments of their lives,” Barton mentioned in a press release.