Family Christian Stores Closes All Locations -With stores in 36 states across the U. The store is located in the same shopping center where a Family store recently stood, but its inventory focuses more on new releases and bestsellers, as opposed to backlist books, according to Harman. Owner Cindy Bell sells used books, Bibles, and Christian gifts, and she often hosts events with local artists and authors. Family Christian has also given way to a new chain of stores. To date, nine Empowered Life stores have opened in the chain, while four will have grand openings on Oct. Lifeway Christian Stores expanded into four new locations that were previously occupied by Family Christian. The chain, which has over locations, already overlapped with over former FCS outlets, and it has no plans for expansion in other locations, a Lifeway spokesperson told PW.
New Life Christian Bookstore - Murray, KY - Book Stores
Family Christian Stores Closes All Locations
It was announced a few days ago that Family Christian Stores — a large chain where you could buy Bibles, whatever Joel Osteen just published, Christian music, cross necklaces, etc. That makes sense, of course. Bookstores in general have been having a rough time over the past decades bye-bye, Borders , and a niche bookstore likely struggled even more. The proper reaction, then, is empathy for the people who will lose their jobs and perhaps a conversation about what, if anything, the business could have done to survive. Whereas CBA [the Association for Christian Retail] for years has allowed the Brian McLarens and Health Communications of the world to be featured at the summer convention, Family Christian Stores has taken a front-row, star-studded table at the front.
By Steve Laube. On February 27, Last Thursday Family Christian Stores FCS announced they will be closing all locations in 36 states, liquidating their inventory, and laying off over 3, employees. It is a sad day for Christian retail. In this case, the only surprise is that it came so soon after their previous bankruptcy reorganization. In February FCS suddenly declared bankruptcy and it was not until June of that year that the terms of their reorganization were finalized. I wrote about this frequently here , here , and here.
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In addition, we were not able to get the pricing and terms we needed from our vendors to successfully compete in the market. The entire Christian community—indeed the entire nation—will be poorer as a result of this pending closure. In , the chain bought itself back from private equity owners, and in promised to donate all profits to serving widows and orphans around the world. In , Family Christian filed for bankruptcy. The Christian vendors also criticized the way the terms benefited Richard Jackson, who owned Family Christian, the first lienholder FC Special Funding in line to be paid with any proceeds, and the purchasing organization FCS Acquisition. The creditors filed a lawsuit; in response, Family Christian pulled its proposal.
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