Headlines

Eastern Outfitters Files for Bankruptcy

Plans to close some of its Bob’s Stores, Eastern Mountain Sports stores

Published

7 years ago

April 12, 2017

Eastern Outfitters (Meriden, Conn.) has filed for bankruptcy and plans to close a number of its stores across various brands. The company reportedly received an offer from Sportsdirect.com (Derbyshire, U.K.) to buy all of its assets.

The company plans to close nine locations of its Bob’s Stores, which are located throughout Connecticut. It also has requested court authorization to close 48 of its 86 Eastern Mountain Sports retail stores throughout the Northeast. The stores affected employ 2600 full-time, part-time and temporary workers, reports Hartford Courant.

This is the second time the company has sought bankruptcy. Last year, it sought protection and closed its Sport Chalet chain of stores.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design