Apr 23, 2021 / 01:35 PM EST
CRAWFORDSVILLE, Ind. (Inside INdiana Business) — Farm supply and outdoor department store Stock+Field, which filed for Chapter 11 bankruptcy in January, will reopen several locations throughout Indiana under new ownership.
Illinois-based R.P. Acquisition Corp. says it is purchasing the assets of the retailer, formerly known as Big R.
Stock+Field has stores in Crawfordsville, Elkhart (2), Rochester, Marion, Michigan City, Wabash and Warsaw. There is no word if all of the locations will remain open, which have been liquidating inventory.
R.P. Acquisition is a subsidiary of R.P. Lumber Co. Inc., a family-owned hardware and building material retailer throughout Illinois, Missouri, Wyoming, and Iowa. R.P. says the stores will retain the Stock+Field name, and the new owners will seek input from employees and the communities they serve as they plan for the future of the brand.