Business

Rock Hill Steve & Barry's to close

The Rock Hill location of Steve & Barry's will close as part of the discount clothing chain's move out of bankruptcy.

The Long Island-based retailer grew quickly in recent years, often locating in spaces vacated by other large or big-box tenants, and gained attention by featuring bargain-priced clothing lines from celebrities such as “Sex and the City” star Sarah Jessica Parker. However, the company struggled financially and filed for bankruptcy protection in early July.

BH S&B Holdings, a newly formed affiliate of investment firms Bay Harbour Management and York Capital Management, bought Steve & Barry's late last month for $163 million and is now closing a little less than 100 of the chain's pre-bankruptcy stores. That will leave about 170 stores moving forward.

The Steve & Barry's in Gastonia and on Sardis Road in Charlotte, both of which opened in 2006, will remain open, according to a news release.

The Rock Hill store opened in 2004 and will have a closing sale; the company said a closing date was not yet available.

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