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Two retail giants and a department store chain have announced store closures. Macy's, Kohl's and Joann Fabrics are each closing several stores throughout the country in 2025. Why are these ...
January 2025 – Joann Fabrics, the popular craft retailer, has begun closing a number of its store locations across the United States following its Chapter 11 bankruptcy filing in March 2024. The ...
Joann Fabrics is planning to close several stores in 2025 following its bankruptcy filing in 2024. According to Newsweek, the Hudson, Ohio-based retailer is planning the closures as it "works to ...
Macy's has named 66 of the 150 stores that it's planning to close as part of its revitalization plan. The retailer announced back in February 2024 plans to shut down 150 "underproductive" Macy's ...