Joann, a fabric and craft chain, is the latest retailer to announce mass store closures in 2025, following Big Lots, Macy's, Kohl's, JCPenney and Party City. USA TODAY reported that the closures came after Joann filed for bankruptcy for the second time in less than a year.

Just a month and a half into the new year, several companies with brick-and-mortar presences have planned sweeping 2025 closures, the largest of which include Party City, Big Lots and craft store Joann,

Just a month and a half into the new year, several companies with brick-and-mortar presences have planned sweeping 2025 closures, the largest of which include Party City, Big Lots and craft store Joann,

Big Lots is closing its store on Union Deposit Road in Susquehanna Township, near Harrisburg, Pa. Daniel Urie | [email protected] Party City is closing all of its stores, including 25 locations in Pennsylvania.

Just a month and a half into the new year, several companies with brick-and-mortar presences have planned sweeping 2025 closures, the largest of which include Party City, Big Lots and craft store Joann,

A research firm already has tracked more than 2,000 planned closings this year thanks to late 2024 and early 2025 announcements from brands like Party City, Big Lots, Kohl’s and Macy’s.

The decline of big retail stores is making headlines daily, from Big Lots to Party City. While these major chains are struggling or outright collapsing, there is new hope for our small businesses.

Here's a look at some of the national chains that have announced bankruptcies and closures in recent months. After the company filed for bankruptcy in 2024, Big Lots announced its buyer would sell several store leases. That list initially included 20 from Indiana, and 12 more were added later.

Companies like Red Lobster and Big Lots closed locations on the Treasure Coast last year because of bankruptcy.

Here's a list of companies that hit hard financial times this year: Joann Fabrics closing up to 500 stores in US after 2nd bankruptcy. The news keeps getting worse for fans of fab

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The closing of many Big Lots stores, as part of its bankruptcy, come in tandem with closures announced by other retailers such as Macy's, Kohl's and Party City, and more recently, JCPenney and Joann. Need a break? Play the USA TODAY Daily Crossword Puzzle.