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Party City and Big Lots To Close All Stores: What’s the $100 Billion Elephant in the Room?
December 23, 2024 12 minutes

Party City and Big Lots To Close All Stores: What’s the $100 Billion Elephant in the Room?

Primary Analyst:
John Mercer, Head of Global Research and Managing Director of Data-Driven Research
Contributors
Primary Analyst:
John Mercer, Head of Global Research and Managing Director of Data-Driven Research
Other Contributors:
John Harmon, CFA, Managing Director of Technology Research
Category/Sector Focused Mass Merchandisers, Discount Stores, Warehouse Clubs
Insight Report

What's Inside

Two major US retailers, Big Lots and Party City, are closing. Big Lots stated that it will conduct an out-of-business sale following the failure of a deal to sell the company, while Party City plans to close all its stores.

We argue that these closures are indicative of an underrecognized pressure on retailers, which we identify as totalling about $100 billion in scale.

Companies mentioned in this report include: Big Lots, Five Below, Party City, Temu, The Container Store

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This document was generated for

Category/Sector Focused Digital Commerce Physical Retail E-Commerce Mass Merchandisers, Discount Stores, Warehouse Clubs

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