FORT MYERS, Fla.-After more than 95 years in business, Robb & Stucky will conduct a court-ordered bankruptcy liquidation sale beginning today at all 20 of its stores.
Inventory at the stores, located in Florida, Texas, Arizona and Nevada, is valued at approximately $90 million, and will be completely liquidated at significant discounts, according to the company.
The Robb & Stucky sale is being managed by a joint venture group of leading national retail liquidation firms, including Hudson Capital Partners; HYPERAMS; and SPCI.
In addition to store merchandise, the liquidation sale will include store furnishings, fixtures and equipment throughout the chain. Upon completion of the sale, the 20 Robb & Stucky stores will be closed.
Robb & Stucky filed to reorganize under Chapter 11 last month in the United States Bankruptcy Court for the District of Florida.