Teen apparel retailer Forever 21 in March 2025 filed for bankruptcy with plans to close down over 350 of its U.S. stores ... decline in 2024 to $500.3 million compared to $593 million in 2023. The ...

The retail sector has suffered several devastating bankruptcy filings since late 2024, which has resulted in certain major retail chains permanently disappearing and others significantly downsizing ...

The closure of Joann has woven its way into the fabric of local craft shops in the Milwaukee area over the past few months, creating slight changes in customer base, sales and product demand.

Joann Fabrics has closed all 850 stores nationwide. Macy's plans to close 150 stores by 2026, and recently named 66 of those locations. Kohl's is closing 27 underperforming stores.