(WHTM) — Big Lots, Party City, and many smaller stores are shutting down this new year. Most of them are now running store-closing sales. But are they really worth it?

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

the former owner of Modell’s Sporting Goods has taken a unique approach and suggested that he would be interested in purchasing Party City alongside bankrupt Big Lots so he could give it to his ...

The retail environment, already shaken by the closures of chains such as Big Lots and Party City, faces more closures with Kohl's announcing it will close 27 of its stores. The clo ...

Big Lots is part of a larger chain of big box stores shutting their doors. Kohl's will close 27 underperforming stores across the country. In December, Party City said it will close all its stores, ...

The five retailers that have announced the most closures this year are Party City, Big Lots, Walgreens Boots Alliance, ...

Another big cut is coming to Big Lots' store footprint as more than 500 locations are up for sale, including more in the ...

Big Lots is now closing all remaining stores, with signs saying up to 50 percent off at some locations. Party City is also starting liquidation sales at all 700 of its stores, but as shoppers ...

The future of Big ... Big Lots is part of a larger chain of big box stores shutting their doors. Kohl's will close 27 underperforming stores across the country. In December, Party City said ...