
FRAMINGHAM - Eastern Outfitters LLC, the parent company of Bob's and Eastern Mountain Sports stores, is reportedly looking to close 48 locations - including one in Framingham.
A bankruptcy court will eye the proposal next week. If the judge agrees, then the Bob's location at Shoppers World will be closed.
Other Massachusetts locations on the chopping block are Franklin, Saugus, Seekonk, and South Attleboro.
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Eastern Outfitters LLC, according to retaildive.com, has 86 Bob’s and EMS stores across the country employing about 2,600 people. After filing for bankruptcy last year, the company is working on a deal with another company in Britain as well as closing 48 stores that are underperforming.
Find out what's happening in Framinghamfor free with the latest updates from Patch.
The company has been flipping between private equity firms in previous years, according to Law360.com, and has more than $100 million in debt.
Tony Schinella, Patch Staff, contributed to this report
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