Eight OSH stores begin liquidation march
Great American Group is handling liquidation sales at eight Orchard Supply Hardware locations.
The eight stores, located in Citrus Heights, Fairfield, Huntington Beach, Lone Tree, Long Beach, Midtown, Newark and Vacaville, were approved for liquidation as part of the company's First Day Motions after it filed for Chapter 11 bankruptcy and was acquired by Lowe's as part of an initial stalking-horse bid.
Great American Group won the bidding process to manage the store closing sales and has been managing the eight locations since June 29.
"We are offering significant discounts on every item in every department, so consumers will have the opportunity to purchase quality hardware supplies at a discount," said Scott Carpenter, president of Great American Group's Retail Division, in a statement. "Customers will also receive top-notch service and expert advice from the sales people Orchard customers already know and trust as operations wind down in these locations."
Under the plan, Orchard will maintain its brand and management structure throughout the remainder of its existing locations.