Even Close-Out Stores are struggling

[Marc82]

Even close-out stores are closing. I was flipping through the channels last night and on WRDM Channel 50 (The Hartford Affiliate of the Telemundo Spanish Network) they had a commercial that "Joeyz Shopping Spree" is closing down their store at 311 West Main Street in Meriden.

Joeyz Shopping Spree is a close-out store with a handful of stores in Connecticut and Mass. Other locations (which will remain open for now) are Waterbury, Hamden?, and West Hartford in Connecticut and Springfield, Massachusetts.

[standa]

The Hamden store closed a year ago.  It was open only for a few years.  It seemed more like a discount store than a closeout store.

[store215]

It makes sense...as more and more mainstream retailers close, that means less extra merchandise available for these closeout stores. That's what happened to Value City..and the low quality non-buyout junk they started bringing in ruined their customer base.