FREEHOLD, NJ – 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.
Bob’s operates six locations in New Jersey, including one at the Freehold Raceway Mall.
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.”
This event marks a final opportunity for loyal customers to take advantage of massive savings on everything in store. Top-selling items from the most popular brands will be discounted and will sell out very quickly. Customers are encouraged to visit their nearest Bob’s location early to take full advantage of the best selection of discounted merchandise before it sells out.
Gift cards and merchandise credits will be honored through close of business on July 14, 2024, local time.
All sales are final during this store closing event. No returns will be accepted. Exchanges will be accepted in accordance with the Company’s existing policies through the close of business on July 14, 2024, local time. No exchanges for purchases made after July 14th, 2024, will be accepted.
The chain is expected to shut down at the end of July.
