Rugged Bear going out of business
Children's clothing retailer selling inventory at reduced prices
Rugged Bear, a Boston-based retailer of children's clothes, is closing all 29 stores after more than 30 years of operation in the Northeast.
The company will hold a going-out-of-business sale overseen by Gordon Brothers Group until all merchandise is sold.
"Our customers have shown extreme loyalty to us over the years," said Michael O'Hara, Chief Restructuring Officer at Rugged Bear. "We hope that they take advantage of these incredible savings and stock up on play clothes and outerwear just in time for the start of spring."
All Rugged Bear stores will honor gift cards, merchandise credits and membership program benefits through the duration of the sale. All sales are final. Returns on purchases made prior to March 4 will be accepted in compliance with Rugged Bear's return policy in effect on the date of purchase.
"Though consumers can expect great values at each location, the broadest selection of merchandise and sizes will be available to those who arrive first," Tom Lonabocker, principal and managing director at Gordon Brothers Group, said. "The markdowns on merchandise are significant, so we expect it to sell quickly."
Rugged Bear was founded in 1980 and expanded their stores across New England, New York and New Jersey. Rugged Bear offers an assortment of high-quality, value-priced, durable and fashionable children's merchandise from infant's layette to size 14-16.