All 240 Family Christian Stores Are Closing

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All 240 Family Christian Stores Are Closing More than 3,000 employees in 36 states will be laid off in the liquidation of one of the world’s largest Christian retailers. By Sarah Eekhoff Zylstra More than two years ago, suppliers forgave Family Christian Stores $127 million in debt so that it could remain open. Today, the chain—which bills itself as “the world’s largest retailer of Christian-themed merchandise”—announced it is closing all of its stores after 85 years in business. Family Christian,…

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Sale Motion Denied in Family Christian Bankruptcy Case

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Sale Motion Denied in Family Christian Bankruptcy Case A United States Bankruptcy Court has denied the sale of Family Christian Stores, the largest retail Christian chain in the country, to FCS Acquisition (a company founded by FCS owners to buy back the business). The ruling was detailed in a memorandum decision filed on Thursday in Grand Rapids, Mich. Family Christian Stores, which has 266 locations in 36 states, filed for bankruptcy in February after several years of falling sales. The denial of…

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