Bob’s Stores Liquidates, Leaving Customers Disappointed and Shopping for Deals

In recent news, Bob’s Stores, a discount store chain that has been operating in the northeast United States for over seven decades, has announced its closure. The retailer has filed for Chapter 11 bankruptcy protection and will be permanently shutting down all 21 of its locations. As a result of this decision, Bob’s Stores will be liquidating its inventory in the coming weeks.

Dave Barton, the president of Bob’s Stores, expressed his regret over the financial situation that led to the liquidation of the company. He noted that Bob’s Stores had been an integral part of local communities for nearly 70 years, providing customers with affordable merchandise such as shoes and clothing. The chain has stores in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, and Rhode Island.

To encourage customers to take advantage of the remaining discounts available on merchandise such as shoes and clothing before they are sold out completely, Bob’s Stores is offering steep discounts ranging from 30% to 70%. Customers are encouraged to visit their nearest location early to take advantage of these offers. Additionally, gift cards can still be used until July 14th.

Bob’s Stores originated in 1954 under the name “Bob’s Surplus” before being acquired by TJX Corporation in 2003. After being with private equity firms for five years