Bob’s Stores Shuts Down Stores After Seven Decades in Operation

Small business bankruptcy filings in the first half of 2024 increased by 61 percent compared to the same period a year back.

A person arrives at the U.S. District Bankruptcy Court for the Southern District of New York in Manhattan, on Jan. 9, 2020. Brendan McDermid/Reuters

Apparel retailer Bob’s Stores is shutting down all stores nationwide, citing difficulty in maintaining operations after its primary lender stopped funding the firm.

Bob’s Stores will close 21 outlets across Connecticut, Massachusetts, New Hampshire, New Jersey, New York state, and Rhode Island as part of a Chapter 11 bankruptcy filing made on June 18, the company said in a July 1 press release.