It’s the end of the road for Avenue Stores, a plus size womenswear retailer that is closing all of its stores nationwide, including in Highland and Merrillville.
The New Jersey-based retailer has decided to close all of its 222 stores in 33 states. It now holds clearance sales at its stores at 8301 Indianapolis Boulevard in the Highland Ultra Plaza and at 1808 E. 80th Ave. in the Merrillville Plaza, reducing prices by 30-50%.
“All in-store items, brands and even accessories are sold,” retail liquidator Hilco Merchant Resources said in a press release.
The company started as Sizes Unlimited in 1983 before expanding to Avenue. It was acquired by now-defunct Redcats USA from French fashion group Kerig in 2007 and went bankrupt in 2012 when it was acquired by Philadelphia-based private equity firm Versa Capital Management. He has had four stores in Indiana and one store in the North Highlands since at least the 1990s.
Serving a target audience of women aged 25 to 55, Avenue sold merchandise like denim, swimwear, shoes, accessories, and dresses in women’s sizes 14-32.
Boston-based Hilco Merchant Resources and Gordon Brothers are ending the chain, which once had as many as 259 stores nationwide. A spokesperson for the consortium said the merchandise “is sure to sell out quickly.”