More anchor businesses quit

April 13, 2009

Dale Timmons, of Issaquah, purchases a case of motor oil at Joe’s on Northwest Gilman Boulevard on April 10, the day of the liquidation sale announcement. By Greg Farrar

Dale Timmons, of Issaquah, purchases a case of motor oil at Joe’s on Northwest Gilman Boulevard on April 10, the day of the liquidation sale announcement. By Greg Farrar

On the first day of its going-out-of-business sale, Joe’s was packed with bargain hunters angling for deals on skis, tents and other sporting goods.

Customers jammed the Northwest Gilman Boulevard store April 10, a day after Gordon Brothers Group, a Boston-based liquidator, announced it would close the chain. Joe’s filed for Chapter 11 bankruptcy protection in early March. Executives hoped to find a buyer for the beleaguered chain, but only liquidators submitted bids.

Frank Morton, a principal at Gordon Brothers, said the Issaquah store and 30 others would close after all of the merchandise is sold. Given the popularity of the merchandise, Morton estimated the liquidation sale would be complete in “weeks rather than months.” The store opened in August 1999. Read more

Joe’s to close as soon as merchandise is gone

April 13, 2009

NEW — 10 a.m. April 13, 2009

On the first day of its going-out-of-business sale, Joe’s was packed with bargain hunters angling for deals on skis, tents and other sporting goods.

Customers jammed the Northwest Gilman Boulevard store Friday, a day after Gordon Brothers Group, a Boston-based liquidator, announced it would close the chain. Joe’s filed for Chapter 11 bankruptcy protection in early March. Executives hoped to find a buyer for the beleaguered chain, but only liquidators submitted bids.

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