A new report predicts this year will only get worse for the already-struggling retail sector, with the number of location ...

Mitch Modell, the former CEO of the famed New York sporting goods chain that went belly-up four years ago, wants to buy bankrupt retailers Party City and Big Lots. Modell — whose family-run ...

Now, many Big Lots and Party City stores will soon be closing. “I’m pretty sad about it, because I actually grew up here and shopped it,” one customer said. “My grandpa shopped here a lot.” ...

Party City, a retail chain specializing in party ... The announcement follows on the heels of retail chain Big Lots’ announcement that it will close more than 400 of its 900 stores after filing ...

Experts say the rise in store shutterings is driven by rising online retail sales and consumers converging on big ...

Party City is following in Big Lots' footsteps in auctioning off store leases amid widespread closures. Leases for four Party City stores in Central Ohio will hit the auction block after the New ...

Big Lots and Party City could both be saved from closure. The two retailers have no connection other than both being in the news this month after saying - within two days of each other - they ...

So far this year, closures continue to climb. Retailers have already announced 1,925 store closures so far in 2025 — and that ...

A number of prominent retailers have announced nationwide closures in recent months, with the reasons varying from ...

For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business ...