Family Christian to close all 240 stores after 85 years in business
Family Christian has announced they will closing all 240 retail locations after 85 years in business.
This unfortunate closing will impact 3,000 workers and 36 states according to this Econ Times report.
Family Christian is announcing today it will close its doors – after 85 years in business. Changing consumer behavior and declining sales led the world’s largest retailer of Christian themed merchandise to make the difficult decision to close. Family Christian is a not-for-profit business that employs more than 3,000 people and operates over 240 retail locations in 36 states, nationwide. Family Christian Ministries has provided humanitarian aid for more than 14 million orphans, widows and oppressed people across the globe.
“We had two very difficult years post-bankruptcy,” said Chuck Bengochea, company President. “Despite improvements in product assortment and the store experience, sales continued to decline. In addition, we were not able to get the pricing and terms we needed from our vendors to successfully compete in the market. We have prayerfully looked at all possible options, trusting God’s plan for our organization, and the difficult decision to liquidate is our only recourse.”