(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 ...

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) – 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 ...

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 ...

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 ...

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 ...

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 ...

How bad, you ask? Last year saw the most U.S. retail store closures—7,325 of them—since the first year of the pandemic. In 2025, the number of closures is expected to double. According to a ...

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 ...

Historic retailer WH Smith has confirmed that it has put its 500 UK high street stores up for sale to focus on its more lucrative travel arm. Alongside the news, the retailer – which is famous ...