JCPenney, Macy's, Joann: After a rough year of bankruptcies and store closures in 2024, retailers may face an even steeper uphill battle in 2025, experts say. Just a month and a half into the new ...
(NEXSTAR) — Less than a month after filing for Chapter 11 bankruptcy protection for the second time in a year, craft retailer JOANN is preparing to close hundreds of stores. In a recent court ...
(NEXSTAR) – What used to be your local Party City store may soon be selling books, recliner chairs, cowboy boots or discount merchandise. The party supply chain announced in December it would be ...
Last year was marked by a large number of retail store closings and it appears that trend will continue in 2025. JCPenny is the latest retailer to serve notice that its footprint will get smaller ...
In its statement, Joann said it is looking to "right-size its store footprint." "This was a very difficult decision to make, given the major impact we know it will have on our Team Members ...
A Business Insider tally of disclosures from eight retail chains found more than 2,500 stores have closed or are set to close across the US in 2025. The current number is up slightly from last ...
If you're like this shopaholic, er… I mean, shopping writer, chances are you spend a lot of moments (more than you’d like to admit) daydreaming about new purchases you want to make. One item that has ...
Kohl’s, JCPenney, and Macy’s are among the businesses that are shutting down stores in 2025. Companies are revamping their business operations, while trying to cut costs amid a changing retail ...
Kohl’s, JCPenney, and Macy’s are among the businesses that are shutting down stores in 2025. Companies are revamping their business operations, while trying to cut costs amid a changing retail ...
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