Price Busters closing all Hawaii stores by mid-January

Published On: Dec 13 2013 05:41:03 PM HST
Updated On: Dec 13 2013 06:27:57 PM HST

Price Busters announced Friday it is closing all eight of its Hawaii store by mid-January.

One-hundred and ninety people will no longer have a job after Price Busters announced Friday it is closing all eight of its Hawaii stores.

The company said the stores will shut down by mid-January.

Retail Partners Hawaii LLC was formed in 2010 and purchased Price Busters out of bankruptcy in November with the goal of turning it around.

Company officials cited online competition and increasing business costs, such as health care, as a reason for the closure.

The company will liquidate all of its inventory during the holidays.

Click here to watch the video report.


Comments

The views expressed are not those of this site, this station or its affiliated companies. By posting your comments you agree to accept our terms of use.
blog comments powered by Disqus