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Hilco, Gordon Brothers, SB360 Capital to Jointly Host Closing Sales at 184 National Stores Locations

October 15, 2018, 07:19 AM
Filed Under: Bankruptcy

National Stores will begin a store closing sale at 184 of its remaining locations, the company said. The store closing sales are being conducted by a joint venture consisting of Hilco Merchant Resources, Gordon Brothers and SB360 Capital Partners. The specific stores that will be closing are currently branded as Fallas and Factory 2-U stores across 12 states and Puerto Rico.  The store closing process is the result of the Chapter 11 Bankruptcy filing by National Stores, Inc. and certain of its affiliates. As part of the restructuring, management at the retail chain has conducted a store rationalization process resulting in the shutdown of these specific stores.

Shoppers will find huge markdowns at the locations listed below.  The entire store will be on sale, with significant reductions of up to 30% off the lowest ticketed prices.  Consumers can take advantage of tremendous savings on a full selection of merchandise including school uniforms & school supplies, backpacks & lunchboxes, apparel & shoes for the whole family in a wide range of styles and sizes.  The sale will also feature great deals on home goods items along with famous brand names in all departments.

A spokesperson for the joint venture said, "These stores are well known in the local markets where they have served their communities for years.  The sale provides an opportunity for consumers to buy products at compelling discounts. Consumers are encouraged to shop early, stock up on school uniforms and get a head start on holiday shopping while selections are best."

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