Bob’s Stores is closing all of its stores after 70 years in business

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Bob’s Stores, a discount store located in northeast America, is shutting down after seven decades in business.

The retailer recently filed for Chapter 11 bankruptcy protection, and as a result, will soon permanently close all 21 of its locations. It will liquidate its inventory in the coming weeks.

Bob’s has half of its stores in Connecticut, with the remaining in Massachusetts, New Hampshire, New Jersey, New York and Rhode Island. All locations are offering steep discounts on everything the company sells, ranging from shoes to clothing. Discounts span from 30% to 70% off, Bob’s said.

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Bob’s joins a growing number of retail bankruptcies in 2024, spurred from a slowdown in consumer spending and rising inflation.

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