Nothing says “party poo” like a lack of decorations. They’re a key aspect of any good get-together, whether you like to hang balloons and streamers or go all out with a theme for your birthday. But sourcing from a particular supply chain will no longer be possible, as the company has just confirmed that it is shutting down. Read on to find out which chain will be closing all of its stores soon.
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Physical businesses close every day. During the COVID-19 pandemic, it has been devastating to see so many small businesses shut down for good. We have since returned to some semblance of normality, but we are not completely off the hook and store closures continue to dominate the headlines.
Major brands have been forced to close stores, including Bed Bath & Beyond, which in August announced plans to close 150 “low production” stores, and CVS, which is closing 900 stores over the next three years. Grocery stores are also unsafe, as Kroger, Lidl and Whole Foods also closed stores this summer.
These channels remain afloat, however, unlike Olympia Sports. In July, the retailer confirmed it was closing and will close all of its stores by the end of September. Now another channel has been forced to shut it down.
Unfortunately, 50-50 Factory Outlet, a Wisconsin-based chain, will soon be closing all of its stores. According to the company’s website, there are four stores across the state, in Eau Claire, Janesville, Schofield and Fon du Lac.
In a statement posted on the company’s website, Scott Lystrupowner of 50-50 Factory Outlet, noted that he will miss “putting smiles on my customers’ faces knowing they are going to throw a fantastic party…and especially the look of wonder and amazement when a first-time customer and his children come in!”
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While fun, party supplies probably aren’t what you’d put on an ‘essentials’ list – and if there’s one thing people were avoiding during the height of the pandemic, it’s was the holidays. Unfortunately, even 50-50 Factory Outlet, which has been serving customers for 40 years, cannot continue despite declining demand.
In a press release provided to NBC affiliate WEAU News, Lystrup said continued challenges from the COVID-19 pandemic contributed to the decision to close all four stores, as well as rising merchandise prices and to continued inflation. He said declining sales and general stress were additional factors.
“It’s sad, absolutely. We’ve had so many great people working for us here over the years and we do now,” Lystrup, which acquired the stores eight years ago, told WQOW, affiliated with ABC. “It’s not how I anticipated my life journey, but I’d love to go out as long as there’s a chance to come out with my head held high.”
There is no set date for the closures yet, Lystrup told WQOW, but he confirmed there will be a shutdown sale at all four locations.
Locals can purchase party supplies, office and school supplies, home decorations, and toys at discounted prices. According to a Facebook post on the 50-50 Factory Outlet – Schofield page, furniture and other gear will also be on sale for up to 50% off. The sale starts on Wednesday, September 28 from 9 a.m. to 7 p.m.
Despite the sales announcements, customers are disappointed to see the deal go. “So sad to hear the store is closing,” one Facebook user wrote on Schofield’s location page. “I’ve been going here since I was a kid. We will miss you being part of our community.”
“This really stinks,” wrote another on the Fond du Lac site’s Facebook page. “Thank you for all your years of serving the community with party needs…especially balloons in my case.”