Price Busters closing all Hawaii stores in mid-JanuaryUPDATED 5:36 PM HST Dec 13, 2013Video Transcript
Pricebusters announced that it's closing all 8 of its Hawaii stores. The company said the stores will shut down by mid-January of next year. Retail Partners Hawaii L-L-C was formed in 2010 and purchased Price Busters out of bankruptcy in November with the goal of turning it around. They sited online competition- and increasing business costs such as healthcare as a reason for the closure. The company will liquidate all of its inventory during the holidays.