Close Menu
  • Home
  • Business News
    • Entrepreneurship
  • Investments
  • Markets
  • Opinion
  • Politics
  • Startups
    • Stock Market
  • Trending
    • Technology
  • Online Jobs

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Tech Entrepreneurship: Eliminating waste and eliminating scarcity

July 17, 2024

AI for Entrepreneurs and Small Business Owners

July 17, 2024

Young Entrepreneurs Succeed in Timor-Leste Business Plan Competition

July 17, 2024
Facebook X (Twitter) Instagram
  • Home
  • Business News
    • Entrepreneurship
  • Investments
  • Markets
  • Opinion
  • Politics
  • Startups
    • Stock Market
  • Trending
    • Technology
  • Online Jobs
Facebook X (Twitter) Instagram Pinterest
Prosper planet pulse
  • Home
  • Privacy Policy
  • About us
    • Advertise with Us
  • AFFILIATE DISCLOSURE
  • Contact
  • DMCA Policy
  • Our Authors
  • Terms of Use
  • Shop
Prosper planet pulse
Home»Business News»After 70 years in business, Bob’s Stores is closing all 21 of its stores, including one in New Jersey.
Business News

After 70 years in business, Bob’s Stores is closing all 21 of its stores, including one in New Jersey.

prosperplanetpulse.comBy prosperplanetpulse.comJuly 3, 2024No Comments2 Mins Read0 Views
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


Discount retailer Bob’s Stores will close its brick-and-mortar stores, including in New Jersey, after filing for Chapter 11 bankruptcy protection.

As part of the bankruptcy filing, Bob’s Stores plans to permanently close all 21 of its remaining stores and liquidate its inventory over the coming weeks.

“We are saddened that our financial situation has forced us to liquidate Bob’s Stores,” Dave Barton, president of Bob’s Stores, said in a press release. “Bob’s has been a trusted presence in the local community for nearly 70 years, and we know our customers remember us being there during important moments in their lives.”

Bob’s has stores in Connecticut, Massachusetts, New Hampshire, New Jersey, New York and Rhode Island.

The soon-to-close New Jersey store is located at 3710 US-9 in Freehold.

Other stores scheduled to close in the coming weeks include:

Connecticut

  • 409 Main Street, Ansonia
  • 2300 Dixwell Avenue, Hamden
  • 179 Pavilions Drive, Manchester
  • 416 East Main Street, Middletown
  • 195 Cherry Street, Milford
  • 172 Kit Lane, Newington
  • 504 Bushy Hill Road, Simsbury
  • 835 Queen Street, Southington
  • 910 Wolcott Street, Waterbury
  • 167 Parkway N., Waterford

Massachusetts

  • 287 Washington Street, Attleboro
  • 146 Walon Street, Fitchburg
  • 50 Holyoke Street, Unit C242, Holyoke
  • 230 Main Street, Middleton
  • 59 Mazzeo Drive, Randolph
  • 168 Milk Street, Westboro

New Hampshire

new york

  • 191 Centerreach Mall, Centerreach
  • 135-187 Sunrise Highway, West Islip

Rhode Island

  • 1400 Oak Lawn Avenue, Cranston

Each store is holding a “closing down sale” offering 30-70% off everything from clothing to shoes.

Bob’s originally began as “Bob’s Surplus” in Connecticut in 1954 and was acquired by TJX in 2003. Five years later, TJX sold the chain to a private equity firm, then sold it again in 2022 to Go Digital Media Group.

The discount retailer becomes the latest chain to close stores, following companies such as Red Lobster and Rite Aid.

Major retail store closures on the rise

Our journalism needs your support. Subscribe now NJ.com.

Contact Katherine Rodriguez at krodriguez@njadvancemedia.comAny hints? Tip.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
prosperplanetpulse.com
  • Website

Related Posts

Business News

ATLANTIC-ACM Announces 2024 U.S. Business Connectivity Service Provider Excellence Awards

July 10, 2024
Business News

Costco’s hourly workers will get a pay raise. Read the CEO memo.

July 10, 2024
Business News

Why a Rockland restaurant closed after 48 years

July 10, 2024
Business News

RNC Business: Thrive or Die? Local businesses prepare a week in advance

July 10, 2024
Business News

Tesla’s energy business is growing and could be the company’s next big source of revenue.

July 10, 2024
Business News

DC Police Chief asks small business owners to help prevent crime

July 10, 2024
Add A Comment
Leave A Reply Cancel Reply

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Editor's Picks

The rule of law is more important than feelings about Trump | Opinion

July 15, 2024

OPINION | Biden needs to follow through on promise to help Tulsa victims

July 15, 2024

Opinion | Why China is off-limits to me now

July 15, 2024

Opinion | Fast food chains’ value menu wars benefit consumers

July 15, 2024
Latest Posts

ATLANTIC-ACM Announces 2024 U.S. Business Connectivity Service Provider Excellence Awards

July 10, 2024

Costco’s hourly workers will get a pay raise. Read the CEO memo.

July 10, 2024

Why a Rockland restaurant closed after 48 years

July 10, 2024

Stay Connected

Twitter Linkedin-in Instagram Facebook-f Youtube

Subscribe