“Popular Discount Retailer Closes All Stores: Liquidation Sales Underway”
According to The Street,The past year has been nothing short of a retail bloodbath, exacerbated by the COVID-19 pandemic, which forced many non-essential retailers to significantly increase their debt. During lockdowns, these businesses faced months of minimal revenue while still being obligated to pay rent and staff salaries. Smaller chains encountered even greater challenges, particularly…