Bebe to Close All 168 Remaining Stores, Switch to Online-Only Model

by Katie Sloan

Brisbane, Calif. — Brisbane-based women’s retailer Bebe has announced it will close all 168 of its remaining stores.

The company plans to move to an online-only model. Bebe entered into an agreement with Great American Group and Tiger Capital Group to sell all its merchandise and inventory, as well as certain of its subsidiaries located in its existing retail stores. The store closures should be complete by the end of May, according to a recent SEC filing. Bebe was founded in 1976. It operates Bebe, BebeSport and Bebe Outlet.

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