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Bob's Discount Furniture is an American furniture store chain headquartered in Manchester, Connecticut. The company opened its first store in 1991 in Newington, Connecticut and is ranked 12th in sales among United States furniture stores according to Furniture Today 's list of Top 100 Furniture Stores.
Founded in 1954, Bob's began as a single-store surplus outlet in Connecticut. It eventually expanded into some three-dozen locations in Connecticut, Massachusetts, New Hampshire, New Jersey, New ...
Bob’s is going out of business, but not the one you may think.. On July 1, Bob’s Stores, a discount clothing retailer announced it would be shuttering its locations after filing a Chapter 11 ...
Bob's Stores was a chain of retail stores in the northeastern United States owned by GoDigital Media Group. Founded as Bob's Surplus in Middletown, Connecticut , by Robert "Bob" Lapidus in 1954, the chain expanded gradually until it was acquired by Melville Corporation and has been reacquired five more times since then.
In 2022, Bob’s Stores was sold to GoDigital Media Group. Bob’s joins a growing number of retail bankruptcies in 2024, spurred from a slowdown in consumer spending and rising inflation.
There are typically four colors, so that all merchandise is rotated every month or so. Some independent stores use similar systems. Clearance sales typically occur on marked racks in brick-and-mortar stores. Stores typically place merchandise on a "clearance rack" and periodically reduce the price until someone buys it, as in a Dutch auction ...
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