store closings

What was once a go-to destination for party supplies and decorations, is now ready to turn out the lights for good.

A new report sheds light on the store's plan to close locations by the end of January.

Walmart is not the only retailer screaming about huge shoplifting rates nationwide. Target CFO Michel Fiddelke says shoplifting has jumped 50% year over year, translating to more than 400 million in losses just this fiscal year alone.