Joann Fabrics announced it would close all of its more than 800 stores in the U.S. and lay off 19,000 workers, including more ...

JOANN—formerly JO-ANN STORES—was founded in 1943. During the pandemic, many consumers stuck at home took up crafts, which ...

Published reports say a big, national pharmacy chain with hundreds of stores in NJ and PA could be facing bankruptcy for the ...

Discount retailers should be poised to shine In an age when consumers are aiming to cut costs and hang onto every dollar they ...

(Bloomberg) -- Rite Aid Corp. is running low on cash and preparing to sell itself in pieces as it heads toward its second bankruptcy, less than a year after the drug-store chain’s emergence from ...

The retail landscape in the U.S. is undergoing significant changes, with thousands of stores set to close in 2025. This wave of closures impacts major retailers like Macy's, Walgreens, and JCPenney, ...

Another major retailer may be on the brink of bankruptcy thanks to the latest tariffs on imported merchandise.