Hancock Fabrics, who filed for Chapter 11 Bankruptcy earlier this year, will be shuttering all of its locations.
KX News previously confirmed the closure of Gateway Mall’s Hancock Fabrics location; however, the announcement to permanently close all store locations follows the recent purchase of the company’s assets at auction this week by Great American Group.
According to the company’s website, all stores are liquidating merchandise at 20%-50% off. The Bismarck store is still listed as open.
Hancock Fabrics has maintained a Bismarck presence for decades. Previously located directly across from Kmart, the store relocated to Gateway Mall in 2003, occupying part of the space vacated by Menards’ relocation.