January 09, 2015
Judging by the Deb Shops website, the closing will impact five stores in the Philadelphia region, one of which is within city limits at 2329 Cottman Ave. PhillyVoice.com reached out to the location and confirmed it will be closing. No word was given on what the store-specific sales will be or on the exact closing date.
Judging by the language in the press release, though, the stores won't be open for much longer, as they're pushing out existing material and encouraging promptness on the shopper's end.
"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," Mike Keefe, president and CEO of Hilco Merchant Resources, said in a press release.
Deb Shops was originally founded in 1932 in Philadelphia as JOY Hosiery. It changed its name in 1970 to Deb Shops to open up its audience to both women's and young girls' fashion apparel.
PhillyVoice.com has reached out to Gordon Brothers for comment and will update when more information becomes available.