Big Lots and Party City stores have announced they are going out of business.

Big Lots will start going-out-of-business sales at its stores after a bankruptcy court-approved deal to sell the company’s assets fell through. Big Lots has 960 stores, including four remaining on Long Island — in Copiague, Hicksville, Holbrook and West Babylon
Party City told corporate employees in a meeting Friday that they would be “winding down” operations immediately. The retailer had more than 700 stores in North America with 14 stores on Long Island.