Steve & Barry's to Close ALL Remaining Stores

PORT WASHINGTON, NY - Steve & Barry's, a national apparel retailer offering casual wear for men, women and children at reduced prices, will be closing all remaining 173 of its stores across the country, including the franchise at The Mall at Turtle Creek in Jonesboro.  The announcement was made today by company officials.

The action follows an initial closing of 97 stores after the chain was acquired in August by two investment firms.  At that time, the company had announced go-forward plans for its existing stores, but it recently decided to close its remaining locations.

Going-out-of business sales will be conducted by a joint venture group, and the sale is expected to last five to seven weeks, with some stores closing sooner.