 On August 19, 2008, TJX announced they would sell Bob's to private equity firms Versa Capital Management and Crystal Capital.Bob's Stores launched an online store June 1, 2012.In April 2016, Vestis Retail Group, the Versa Capital-owned unit which owns the Sport Chalet and Eastern Mountain Sports sporting goods chains as well as Bob's, announced that it had filed for bankruptcy protection and reorganization under Chapter 11 of the United States Bankruptcy Code.