THE Cricket Box - a large, family-owned furniture store is closing down after five decades in the business - and big sales are just around the corner.

The 100,000-square-foot store, which is located in Terre Haute, Indiana a little over an hour from Indianapolis, is closing due to the retirement of owner Robb Crick.

“We are proud of the long-standing relationships our family business has maintained within the industry and our community, and we thank our customers and suppliers for the many years of support,” Crick told WTWO in Indiana.

The retailer began as an antique store in 1976 before transitioning into the large furniture showroom it is today.

The Cricket Box will begin its liquidation sale on May 5.

Specific deals have not yet been announced, yet they will range from 20 percent to 50 percent off on major brands like La-Z-Boy and Leather Italia among many others.

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Customers can learn more about the upcoming sale by checking out The Cricket Box website.

SLOW START

While The Cricket Box's closing sale has yet to begin, now-bankrupt retailer Bed Bath & Beyond's going-out-of-business sale kicked off this week.

The company stopped accepting its famed 20 percent off coupons on April 26.

Instead, the company urged shoppers to check out ongoing liquidation sales.

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Yet, many fans have been disappointed by the last round of sales, comparing them unfavorably to the discontinued coupons.

Competitors have tried to take advantage by offering to accept the 20 percent off coupons for a short time.

Big Lots will accept the 20 percent off coupon on orders of $50 or more between now and May 7.

And The Container Store will accept them until May 31.

MORE CLOSURES

The Cricket Box may be closing due to its owners' retirement, but many major retailers are closing due to ongoing financial woes.

Many previously successful stores have had trouble dealing with both the rise of e-commerce as well as the lingering economic impact of the Covid-19 pandemic.

Like Bed Bath & Beyond, Party City has been closing dozens of locations throughout the country as it battles through its own bankruptcy.

Even the world's most successful store has not been immune to retail headwinds.

Last weekend, Walmart closed six stores nationwide.

The retail giant has closed dozens more just this month.

Grocery chains have struggled to stay open, too.

And some fast food favorites have struggled also.

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