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.

Unfortunately, some of them have had to change their routines in recent months, or will soon, as some of their preferred stops plan to close. Here's a look at some of the national chains that have announced bankruptcies and closures in recent months.

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

With the party-supplies chain in its final days of operation, the company is working quickly to secure deals on more than 200 storefront leases. After nearly 40 years providing decor for countless birthday parties across the United States,

The financial struggles of these retail stores from previous years will carry into 2025, with many set to close or sell off locations as part of bankruptcy proceedings. These retail stores not be around for the next holiday season after filing for bankruptcy or closing locations in 2024.

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