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,

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,

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.

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Party City stores across the country started shutting down in December 2024. Here’s what could happen to some of those spaces.