The store that is offering great discounts in the United States due to the closure of its stores: locations and offers

The complicated economic scenario that "hits" the United States has claimed a new "victim": Bargain Hunt. The retail store, based in the city of Nashville, Tennessee, declared bankruptcy in previous weeks, leading to the closure of its 92 stores in the 10 states where it operated. 

As a logical consequence, the company announced a final clearance sale, with discounts from 30% to 60%, on a large number of items and products such as clothing, footwear, accessories, among others. 

According to the store, these are the states where the sales will take place to clear out their inventory and put an end to their operations: 

• Alabama 

• Arkansas 

• Georgia 

• Indiana 

• Kentucky 

• Mississippi 

• North Carolina 

• Ohio 

• South Carolina 

• Tennessee 

How will the Bargain Hunt clearance sales work? 

According to Ian Fredericks, CEO of Hilco Consumer-Retail, the company in charge of supervising the closure of Bargain Hunt stores, the locations are currently filled with a large number of products. For this reason, he recommended residents of these states to make their purchases to get the best prices and items. 

Thanks to its central location, residents of the city of Nashville and the state of Tennessee will be the most benefited due to the presence of 31 locations throughout this territory. They are followed by Kentucky with 15 and Georgia with 14. 

Why did Bargain Hunt close its stores? 

According to a statement shared by the parent company of Bargain Hunt, Essex Technology Group, the main reason for their market exit is the intense "competitiveness" that currently exists as well as the involvement of e-commerce companies, among other factors. 

"Discount stores compete with many different retail channels, from large stores with billions of capital to convenience stores, local shops, and everything else”, stated Essex Technology Group in a communication. 

In addition, the company also cited Amazon as one of the responsible parties for its exit due to the loss of business with Jeff Bezos' company, its largest supplier. 

Bargain Hunt's closure joins what happened with other important discount store brands like the emblematic Macy's, who announced, in previous weeks, the closure of a large number of stores in various states of the country due to a series of problems similar to those of Bargain Hunt. 

*This article has been automatically translated using artificial intelligence