A massive grocery store now has a big sale in Ohio as it prepares to close its doors for good due to financial stress and complications.
A closed-down Walmart store is holding a liquidation auction and shoppers will be able to grab a bargain, reports The US Sun.
Retail chiefs are rushing to clear equipment ranging from cash registers to security cameras used at the shuttered store in Columbus, Ohio.
The supermarket first closed on February 16 as bosses said the outlet had not met financial expectations, per the NBC affiliate WCMH-TV.
However, the huge sale will start on Friday and shoppers can snap up a range of items.
Bargain hunters will be able to put down bids on electronic gadgets, furniture, anti-theft systems, and ladders.
Shelves and hand trucks will also be among the items up for grabs.
Homeowners can bid on household products such as vacuum cleaners, mops, and buckets.
“This is your chance to acquire high-quality equipment, fixtures, and more at a fraction of the retail cost,” the auction listing says.
Around 180 workers were impacted by the shutdown and they were given the chance to move to another location.
Meanwhile, the store’s pharmacy closed on March 4 – weeks after the supermarket shuttered for the last time.
Execs have confirmed there are no additional store closures in the region planned.
Walmart has more than 130 supercenters in Ohio.
The U.S. Sun has approached Walmart for comment.
Just a week before the Columbus outlet shuttered, two Walmart stores in San Diego County, California, closed for good.
A Walmart Neighborhood Market outlet in San Diego and a superstore in El Cajon closed.
Bosses said they couldn’t reach an agreement on leases, per the San Diego Union-Tribune.
More than 350 workers combined were impacted by the closures.
Last month, a Walmart store in Towson, Maryland, closed for good after 20 years of business.
Discount sales with items up to 50% off were held before the store closed.
Meanwhile, in Fremont, California, shoppers only have days remaining to grab their favorite items as a Walmart store in the city will close in the coming weeks.
The store is closing down after serving loyal customers for two decades.
But execs warned that this outlet also hadn’t met expectations.
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Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois
Other Economy News Today
A massive clothing retailer is now closing all 540 stores in just six weeks after unexpectedly filing for bankruptcy.
Liquidation sales will be held at rue21 outlets across the US as bosses rush to clear the last remaining stock.
The clothing retailer has entered bankruptcy and bosses have announced plans to close all 540 remaining stores within six weeks, reports The US Sun.
It is the third time in less than 25 years the fashion retailer has entered bankruptcy, per Bloomberg.
Court documents seen by Reuters revealed the company has more than $190 million of debt.
The chain has 540 stores across the US and 4,900 workers are set to be impacted.
Outlets are to slam shut within four to six weeks, according to court papers.
Bosses also announced plans to sell the company’s intellectual property.
The company narrowly avoided going into bankruptcy in October 2022.
Chiefs filed for bankruptcy in 2017 as they rushed to clear around $700 million worth of debt.
Bosses shuttered 400 stores as well and renegotiated leases.
Execs identified the rise of online shopping and changing consumer trends as reasons behind the bankruptcy.
Michele Pascoe, the interim CEO, also alluded to the impacts of competition and inflation.
The company also filed for bankruptcy in 2002.
At its peak, the company had more than 1,000 stores across the US.
The chain has dozens of outlets across several states, including Florida, Georgia, Illinois, North Carolina, Pennsylvania and Texas.
The teen fashion retailer is not the only clothing chain that has entered bankruptcy over the past year.
Last month, Express chiefs filed for bankruptcy, and at least 100 stores are set to close.
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