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SB360, Hilco to Conduct Going out of Business Sale for 54 A’GACI Stores

August 09, 2019, 08:50 AM
Filed Under: Retail

A’GACI, an innovator in the fast fashion apparel industry since 1971, is closing all 54 stores in the U.S. and Puerto Rico. A’GACI filed for Chapter 11 Bankruptcy protection this morning and retained a joint venture of SB360 Capital Partners and Hilco Merchant Resources to liquidate the stores. “Going Out of Business” Sales begin today in all A’GACI locations.

San Antonio-based A’GACI developed a loyal customer base by offering affordable, trendy styles that reflect the feminine, confident style of today’s young women.

A’GACI shoppers will find significant savings storewide with discounts of up to 50% off the original price on more than $21,000,000 of merchandise. Everything in A’GACI’s entire collection is on sale including dresses, tops, bottoms, jeans, shoes, and accessories.  Customers shopping the first few days of the sale will find full selections of merchandise in complete size ranges. The stores will also receive all the merchandise originally designated to support the A’GACI ecommerce store which has already closed.

Commenting on the value customers will realize from shopping the Sale, a spokesperson for the joint venture said, “A’GACI shoppers will be surprised at the selection of highly desirable product in all 54 stores. All their favorite items are on sale, and with discounts up to 50% off original prices, we anticipate crowds seldom seen outside of the holiday shopping season. The timing of this Sale coincides with the Back-to-School season, and we expect the Sale to wrap up quickly.”

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