In the latest retail setback for the US, Bob’s Stores, the cherished establishment that has provided clothing for families throughout the northeast for 70 years, will permanently close all of its shops.
President Dave Barton made the announcement on Monday that the venerable retail behemoth was “unable to secure the finances needed to maintain operations.”
Before closing on July 14, Bob’s Stores will provide discounts ranging from 30 to 70 percent off of its merchandise at its 21 sites in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, and Rhode Island.
“We regret that our financial position necessitated the liquidation of Bob’s Stores,” Barton stated. “Bob’s has been a stalwart of our local communities for nearly 70 years, and we know our customers remember us as having been there for major moments in their lives.”
The retailer, which focuses in “footwear, workwear, teamwear, and everyday clothing” for families, has 13 shops in the tri-state area of New York alone. Just this past December, one New York location—located in Centereach, Long Island—celebrated its grand opening.
“We remain grateful to our vendors, suppliers, customers and employees for all of their support over the years,” Barton continued.
