Dirt Cheap Retailer Closes All Locations After Bankruptcy
Dirt Cheap Retailer Closes All Locations After Bankruptcy

Dirt Cheap Retailer Closes All Locations After Bankruptcy

News summary

Dirt Cheap, a renowned discount retailer in Mississippi, will close all 68 of its stores following the bankruptcy filing of its parent company, Channel Control Merchants. The company, known for selling overstock and returned items, blames financial difficulties on Target's alleged preferential treatment of a competitor, leading to lower-quality merchandise at higher prices. Founded in Hattiesburg over 30 years ago, Dirt Cheap expanded across the Southeast and became the largest buyer of insurance claims in the U.S. Liquidation sales are currently underway, with no specific closing dates announced, but all stores are expected to shut down by the end of the year. This closure marks a significant loss for communities that relied on Dirt Cheap for affordable goods, as the retailer has been a staple for bargain shoppers for decades.

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