‘Stalwart’ Clothing Chain Announces It’s Closing All Locations

Yet another large business chain has shuttered its doors as the U.S. economy continues to flounder.

Bob’s Stores, a discount clothing store franchise, is going out of business.

All the business’s many locations, most of which are in Massachusetts and Connecticut, will be shutting their doors.

According to a Tuesday report from CBS News, the owner of the company filed for Chapter 11 bankruptcy due to a severe lack of liquid assets.

The chain’s president, Dave Barton...