Party City, Big Lot

Massive retail networks Across the country, they enter the end of the sales to eliminate and get out of business, including Big Lots, Party City, Joann and Macy’s. City City City and Joann have just a few days to enter a discount, while buyers Big Lots and Macy will still be able to fix in several other places.

Big lots

Big lots filed the bankruptcy of the head 11 in September, and the company later announced that all other stores would close. However, in December 2024, Big Lots made a deal that would save hundreds of shops, Axios reports. The retailer still sells a lot of sale, offering 50-80% discount on the whole store, and his site states: “All shops are closed.”

Expected The name of the big lotand two distribution centers according to Axios.

While various wholesalers will save places, the status of large staff remains in question. The press release of the transaction states that “a variety of wholesalers can use large parties in purchased shops and shopping centers, as well as some corporate employees needed to support traces forward.”

On Saturday, September 7, 2024, in Los Angeles, California, USA, Saturday, September 7, 2024. (Eric Terra / Bloomberg via Getty Images / Getty Images)

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Messi

In February 2024, Announced by Massey The “bold new chapter” initiative, which the company CEO Tony Spring called “a strong call to action” designed to modernize the university’s iconic network. A little a year later, in January 2025, Messi said he would close 66 stores without a section. The company plans to focus on its 350 places “Forward”.

“The closure of any store is never simple, but within our bold new chapter strategy, we close stores with insufficient Macy performance to allow us to focus our resources and prioritize in investment in our Go – Forward stores, where customers are already positively responding to the best offers and enhanced services.”

According to Axios, Macy’s started selling the design in some places and February for others. The sales that began in January were to last for 8-12 weeks, and those that began in February had to last about six weeks.

On Thursday, December 26, 2024, the buyer is part of the party in Richmond, California, USA. (David Paul Morris / Bloomberg via Getty Images / Getty Images)

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Party city

In December 2024, Party City announced that he would close all his shops a year after he first announced bankruptcy. The party supplied retail for the first time announced bankruptcy in January 2023, but was able to leave bankruptcy in September 2023. However, he again submitted to Section 11 in December 2024 after 40 years of business.

“It is very important for you to know that we did our best to try to avoid this result,” said the CEO of Barry Litvin during the call in December. “Unfortunately, it is necessary to start the process of circulation immediately.”

The company stated that in the press -release the reason for its decision came after “exhaustive effort” to try to find a way to stay open “in an extremely difficult setting caused by inflation pressure on expenses and consumer expenses, among other factors.”

On Wednesday, January 8, 2025, the customer enters Joann in El -Serita, California, USA. (David Paul Morris / Bloomberg via Getty Images / Getty Images)

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Joan

When he entered the last two weeks of his sale, Party City announced that it had reduced prices by as much as 80%trying to attract customers to the purchase of inventory. However, there is no purchase option on its site.

In February 2025, Joan, a large trading network of crafts, announced that its 800 shops were closed, leaving 19,000 employees without jobs, Axios reports.

“Ever since becoming a private company in April, the Council and the Group Group have been continuing the initiatives in the upper and lower cost management and kasts,” said Interim CEO Michael Playgast in a press release.

The retailer network was founded in 1943 and began as the only showcase in Cleveland, Ohio. Joan published the public in 1969, and by 1998 it was the largest such retailer in the US, Axios reports.

To date, Joann offers up to 50% of the inventory and seems to be sold online.

Coresive Research Research Research and Advisory Firm, which focuses on retailers and technology, predicts that this year in the US in the United States can be closed 15,000 stores, which is more than twice as much as the United States, which closed in 2024, said the press -release.