Reported 12 months ago
Bob's Stores, a well-known retail chain in the US Northeast, has declared bankruptcy and is closing all 21 stores after operating for 70 years. The company, founded in 1954 in Connecticut, sold various products including shoes, workwear, sportswear, and team apparel. Following several acquisitions, Bob's Stores was sold to GoDigital Media Group in May 2022. Due to financial difficulties, the company is liquidating its stores in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, among others, with discounts ranging from 30% to 70%.
Source: YAHOO