Comment on December's mini-retail apocalypse rounded off a rough year for US stores

December's mini-retail apocalypse rounded off a rough year for US stores

Party City said that it would close its stores.AP Photo/Nam Y. Huh, FileBig Lots, Party City, and The Container Store reported either bankruptcy or store closures recently.It's a cap on a tough year for many retailers.Shoppers of almost all income levels have been watching their spending in 2024.Trouble for a trio of retailers at the tail end of 2024 is a sadly fitting end to a tough year for retailers.Home storage chain The Container Store filed for Chapter 11 bankruptcy on Sunday.

 

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