(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 ...

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 ...

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 ...

A record 15,000 chain stores across the US are expected to shutter this year – or more than twice as many as last year – and fast-growing online retailers from China are a major factor ...

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 ...

Long a fixture in rural communities and small towns, Peavey Industries LP says it is closing its stores across Canada, including a dozen locations in Saskatchewan. In a statement, the company said ...

SINGAPORE - Just as age verification is mandatory for pub entry, app stores will soon need to check the age of young users before allowing them to download apps for grown-ups. Come March 31 ...

after the U.S. Supreme Court unanimously upheld a law requiring the app’s China-based owner ByteDance to offload TikTok or the app would be removed from U.S. app stores. Frustrated users quickly ...

Hugh Cameron is Newsweek Live News Reporter based in London, U.K. His focus is reporting on international politics, conflict, and crime. Hugh joined Newsweek in 2024, having worked at Alliance ...

Countless grocery store chains have come and gone over the years, many that were household names at one point in time. With competition from upstarts, razor thin profit margins, and the changing ...

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 ...