Deb’s to close across the nation
PRESQUE ISLE, Maine — The Aroostook Centre Mall has taken another hit, with the recent announcement of another store closing. Officials of Deb’s, a store offering teens’ and women’s apparel, made the decision late last year, with doors to close at all stores across the United States.
Gordon Brothers Group and Hilco Merchant Resources announced Jan. 8 that they will begin going-out-of-business sales at all Deb Shops retail locations nationwide, effective Jan. 9, 2015.
A statement issued by the agencies stated, “After over 80 years in business, Deb Shops, a Philadelphia-based women’s fashion discount retailer, is closing its doors. The company filed for Chapter 11 protection on Dec. 4, 2014. On Jan. 7, 2015, Gordon Brothers Group and Hilco Merchant Resources were awarded the store closing process for all locations by the bankruptcy court.”
Deb Shops currently operates approximately 287 retail locations in 42 states. Store closing sales began on Jan. 9 and will involve discounts of 30-50 percent on all junior and plus-sized apparel, including tops, sweaters, jeans, pants, dresses, active wear, outerwear and lingerie. Store furniture, fixtures and equipment will also be for sale.
“We thank our many customers and dedicated employees for their tremendous loyalty over the years and are very proud of our associates’ commitment to maintaining the high level of customer service we are known for throughout this transition,” said Dawn Robertson, chief executive officer for Deb Shops.
“While Deb Shops has a reputation for everyday value, we encourage customers to take advantage of the significant additional discounts available during this time, while the selection lasts,” stated Rick Edwards, co-president of Gordon Brothers Group’s retail division.
The going-out-of-business sale isn’t expected to take long, given the deals offered.
“We anticipate that this will be a short sale due to the outstanding savings and the very desirable assortment of fashion and accessories. Consumers are encouraged to shop early to enjoy the greatest selection,” said Mike Keefe, president and CEO of Hilco Merchants Resources.
Mall Manager Patti Crooks said this was a national trend.
“We, as a community, need to expand our thoughts on how we shop — need to support local. The mall provides a combined 500-600 jobs for local people. VIP is on track to open in early February. We need to be patient and support local businesses,” said Crooks. “People need to feel they’re part of the decision-making process.”
She said while online buying may be convenient, it can’t compare to the experience of shopping at a “brick and mortar retail store.”
“Apparel should hold out. Buying online doesn’t allow you to feel the texture, try things on to see the fit. It’s just not the same experience. The online trend is just a matter of finding its place in the marketplace,” she said.
She said as times change, so too do the methods customers use to shop.
“The climate is changing; retailers of today may not be in the shopping context of the retail world of tomorrow. American entrepreneurs shine when people are willing to take a risk,” said Crooks.
Crooks said malls are an ever-evolving image of what consumers need and want. When a business leaves, others come along to provide the goods and services desired.
“The Amish store opened at the mall and has been able to make it work. The Philbricks just renewed their lease for the bakery and have been doing quite well,” said Crooks. “Fred (Fireman Fred Parsons) is returning this Sunday, Jan. 18, providing live entertainment at the food court performing karaoke.”
“Some changes come on par for a product’s life cycle. It’s a matter of not taking this personally and not panicking. We need to be part of the solution and not the problem,” she said.
Crooks said good things come with change, but not necessarily as quickly as one would like.
“Change is what America is all about. We need to embrace it. At the same time, we need to support our neighbors and shop local,” said Crooks.
As with Radio Shack, Sears, Staples, the decision to close Deb’s was made at the corporate level.
“They have shareholders who want dividends. It’s not always about losing money but rather not producing what’s expected. That’s the point of concern in many cases,” she said.
Crooks said changes occur in every community and that good things can come about in the long run.
“Look at Ashland. They’re proof that transformation is possible. They lost their mills but now have several new businesses that have provided about 100 jobs since last summer,” she said. “Presque Isle needs to broaden its horizons beyond downtown and realize we’re (the mall) the largest employer besides TAMC and the highest taxpayer,” said Crooks. “The mall is part of the city. Customers who shop downtown also shop at the mall. We’re all local businesses employing local people.”
GBG and HMR will oversee the going-out-of-business sales on behalf of Deb Shops in all locations. Store locations will remain open until all merchandise has been sold.
Deb Shops gift cards will be honored through March 8.
Founded in 1932 in Philadelphia, Deb Shops originated as a discount hosiery and lingerie retailer under the name, JOY Hosiery. The company was renamed Deb Shops in 1970 and re-focused its strategy on selling women’s and girls’ fashion and accessories. At this time the company also closed many neighborhood stores and opened larger stores in shopping malls.
