From the Trussville Tribune Staff Reports
An announcement by Family Christian recently stated that the religious store chain will be closing all of its locations due to failing revenue.
“As with any worthwhile endeavor, there have been challenges and setbacks, as well as remarkable acts of service and self-sacrifice,” said President and CEO Chuck Bengochea. “The retail landscape is changing, however, and despite improvements in our product assortment and our store experience, we have not been able to generate the sales necessary to sustain our business.”
Family Christian has maintained more than 240 locations in the nation and employed more than 3,000 people. There are seven locations in Alabama. The company filed for bankruptcy in 2015.
“We had two very difficult years post-bankruptcy,” Bengochea said. “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.”