“Despite improvements in product assortment and the store experience, sales continued to decline," said Chuck Bengochea, the company's president. "We have prayerfully looked at all possible options, trusting God’s plan for our organization, and the difficult decision to liquidate is our only recourse.”
At its height, Family Christian Stores represented over 30% of physical sales for many Christian music releases. The retail chain's dominance in the Christian book and music market began to steadily decline with major retailers like Wal-Mart adding key Christian releases to their shelves, along with the launch of iTunes in 2001 and the growing presence of online retail led by Amazon.
NewReleaseToday's roots are closely tied with Family Christian Stores. Its founder, Kevin McNeese, started the site in 2002 while managing music marketing at FamilyChristian.com. "It was such an incredible time," recalls Kevin. "But I could certainly see the beginnings of the shift. Between Napster's quick rise and fall, Apple launching the iPod and iTunes and major retailers beginning to latch onto our biggest products, the writing was on the wall."
The nation's largest Christian retailer, Family Christian, is closing after 85 years.At its height, Family Christian Stores represented over 30% of physical sales for many Christian music releases. The retail chain's dominance in the Christian book and music market began to steadily decline with major retailers like Wal-Mart adding key Christian releases to their shelves, along with the launch of iTunes in 2001 and the growing presence of online retail led by Amazon.
NewReleaseToday's roots are closely tied with Family Christian Stores. Its founder, Kevin McNeese, started the site in 2002 while managing music marketing at FamilyChristian.com. "It was such an incredible time," recalls Kevin. "But I could certainly see the beginnings of the shift. Between Napster's quick rise and fall, Apple launching the iPod and iTunes and major retailers beginning to latch onto our biggest products, the writing was on the wall."
The non-profit company, employing more than 3,000 people in 240 stores in 36 states, said in a brief statement that the retailer had been facing declining sales since filing for bankruptcy protection in 2015 and had no choice but to shut down.
