Bob’s Stores news and archive

Bob's Stores to close all locations after 70 years in business

Bob's Stores, a subsidiary of GoDigital Media Group, has decided to close all its locations and liquidate all inventory, as part of the Chapter 11 restructuring petition filed on June 18, 2024. The nearly 70-year old company, offering a broad selection of leading national brands, said in a release that despite making quick changes to its...

Business

Frasers Group sells US retailers Bob’s Stores and Eastern Mountain Sports

Frasers Group has sold US retailers Bob's Stores and Eastern Mountain Sports (EMS) to GoDigital Media Group for 70 million dollars. The British fashion group acquired the two discount sportswear retailers out of bankruptcy in 2017. In a brief statement on Friday, the group said: “The Bob’s and EMS store estate does not include any of the new...

Business

Frasers Group puts Bob's Stores under strategic review as Nike cuts ties

Mike Ashley’s Frasers Group has announced it will immediately put its subsidiary Bob’s Stores under strategic review after Nike cut ties with the US retail chain. The company, which acquired Bob’s Stores in 2017, said in a statement Tuesday: “Following recent press reports, Frasers Group confirms that it was yesterday notified that, as of the...