Bargain Hunt to Close All 92 Stores Following Bankruptcy Filing
The Nashville-based discount retailer has launched going-out-of-business sales, with all locations set to close by the end of February 2025.
- Bargain Hunt filed for Chapter 11 bankruptcy on February 3, citing liabilities estimated between $50 million and $100 million, far exceeding its assets.
- The retailer is closing all 92 locations across 10 states, including Tennessee, Alabama, and Georgia, where liquidation sales are underway.
- Discounts of up to 40% are being offered on inventory, with all sales final and gift cards accepted only until February 12, 2025.
- The closures also include the company's Tennessee distribution center, impacting nearly 300 jobs.
- Bargain Hunt's shutdown reflects broader challenges for U.S. brick-and-mortar retailers, with other chains like Macy's and Big Lots also announcing closures.