Bob’s Stores Announces Closure and Liquidation Sales

the staff of the Ridgewood blog

Freehold NJ, Bob’s Stores has announced the closure of all its locations, including the one in Freehold, as part of a liquidation process. The East Coast retail chain filed for Chapter 11 bankruptcy in June, leading to the decision to shut down its operations.

The Freehold location at Freehold Raceway Mall on Route 9, along with several other stores in Connecticut, will be closing. According to the company’s website, which is currently under construction and promises a future enhanced online shopping experience, stores remain open and fully stocked for now.

Bob’s Stores (“Bob’s”), a subsidiary of GoDigital Media Group, announced that the company will close all of it’s Bob’s locations and liquidate all inventory, as part of the Chapter 11 restructuring petition filed on June 18, 2024. Despite making swift and aggressive changes to the company’s structure and operations, Bob’s Stores was unable to secure the finances needed to maintain operations. Bob’s stores began Going Out of Business sales in stores on Friday June 28, with discounts of 30-70% off.

Hilco Merchant Resources in a joint venture with Gordon Brothers will manage the liquidation event, that will include all Bob’s stores throughout Connecticut, Massachusetts, New Hampshire, New Jersey, New York and Rhode Island, offering unprecedented discounts on a wide range of workwear, footwear, team wear and everyday clothing for the whole family. Shoppers will find significantly reduced prices on leading national brands across the stores. Select store fixtures, furniture, and equipment will also be available for sale.

Dave Barton, President of Bob’s Stores said, “We regret that our financial position necessitated the liquidation of Bob’s Stores. 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. We remain grateful to our vendors, suppliers, customers and employees for all of their support over the years.”

A going-out-of-business sale is underway at all locations. The final day of operations for Bob’s Stores is set for July 14. Don’t miss your chance to take advantage of the liquidation sales before the stores close their doors for good.

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