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

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 totaling about $100 billion in scale.

Weekly US and UK Store Openings and Closures Tracker 2024, Week 50: Dollar Tree’s Expansion Spree Pushes US Store Openings Closer to 6,000

Our Weekly US and UK Store Openings and Closures Tracker series reports on store closures, openings and bankruptcies. This week, we highlight Dollar Tree’s major expansion, and detail other recent store announcements from major retailers. Non-store-closure news includes management changes at Five Below and J.Crew, among others.

Weekly US and UK Store Openings and Closures Tracker 2024, Week 49: UK Closures Down 30% Year Over Year

Our Weekly US and UK Store Openings and Closures Tracker series reports on store closures, openings and bankruptcies. This week, we highlight additional closures by Alimentation Couche-Tard and openings by Harbor Freight Tools, and detail other recent store announcements from major retailers. Non-store-closure news includes management changes at Capri Holdings.