Business & Tech
Family Christian to Close Algonquin Location, All Stores Nationwide
In total, nine suburban locations and 240 across the U.S. will close.
Family Christian has announced it will close all of its 240 stores nationwide, including nine locations in the Chicago suburbs.
The closures will include the store at the Algonquin Commons, 2215 S. Randall Road. Other suburban locations that will close include Family Christian stores in Vernon Hills, Naperville, Orland Park, Lombard, Joliet, South Holland, Matteson and Batavia.
Family Christian sells Christian books, music and gifts.The store is currently advertising up to 30 percent off all goods.
Find out what's happening in Algonquin-Lake In The Hillsfor free with the latest updates from Patch.
The non-profit company, which has been in business for 85 years, faced declining sales after filing for bankruptcy protection in 2015 and was forced to shut down, USA Today reports.
“Despite improvements in product assortment and the store experience, sales continued to decline," said Chuck Bengochea, the company's president. "In addition, we were not able to get the pricing and terms we needed from our vendors to successfully compete in the market.”
Find out what's happening in Algonquin-Lake In The Hillsfor free with the latest updates from Patch.
The company has not yet announced closing dates for its stores, according to USA Today.
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