Dots in Boardman starts going-out-of-business sale after chain declares bankruptcy

Going-out-of-business sales are getting underway at Dots clothing stores, after the embattled women’s fashion retailer agreed to shutter the company’s 360 stores in the coming weeks.

A U.S. Bankruptcy Court in New Jersey on Thursday placed the retail division of Boston-based Gordon Brothers Group in charge of the store closing process, according to a statement circulated by the firm.

The global advisory, restructuring and investment firm, which does $50 billion in annual transactions and appraisals, said Dots inventory will be on sale, with discounts starting at 20 percent.

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