Retail chains close stores with final sales discounts

Party City, Big Lots, Macy's, and Joann are in the final days of their store closing sales. Party City and Joann are nearing the end of their liquidation, while Big Lots and Macy's still have some locations open for shoppers. Big Lots filed for Chapter 11 bankruptcy in September 2023 but later saved hundreds of stores through a deal with Variety Wholesalers. The company is currently offering discounts of 50-80% as it prepares to close remaining locations. Macy's plans to close 66 underperforming stores as part of its "Bold New Chapter" strategy, focusing on 350 key locations. Joann announced it would close all 800 stores, affecting 19,000 employees, and is offering up to 50% off its inventory.