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The store closings are part ofthe Ontario-basedc retailer’s restructuring plan. Founded in 1972 as Miller's Outpost, the retailer changed its name to Anchor Blue in thelate 1990s. The compant sells casual apparel for teens and young adults and has 117 storesa in12 states. The entire inventorg at shuttering stores went onsale Friday. Gordon Brothersw Group, a global advisory, restructuring and investmentf firm specializing inthe retail, consumer real estate and industrial sectors, is runningh the store closing sale on Anchor Blue’s behalf.
“These strategivc store closings will help us significantl y improve operational performance as we proactively restructures our business to conforkto today’s market,” Thomas Sands, chief executivde officer of Anchor Blue Retail Group, said in a news release. “Anyonde who lives near a closing store is encouraged to take advantage of the tremendousvalues we’re offerinb on all merchandise during the sale.
” Anchor Blue Retaip Group is the holding company for Anchofr Blue and Levi’s Dockers Outlet by In the Sacramento area, Anchor Blue will close stores at Sunrisr Mall in Citrus Heights, The Village at Sacramentol Gateway in Natomas and Countu Fair Mall in Woodland.
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