Which retailers are closing stores in 2025? Joann, JCPenney, Macy's and more
JCPenney, Joann, Macy's and Kohl's are among several department stores closing stores in 2025. Here's what to know.
Craft supplier Joann to close 60% of its stores across U.S. as it looks for a buyer
The move to close 500 stores comes after Joann declared bankruptcy for the second time in less than a year. The closures would leave it with far fewer stores than competitors Hobby Lobby and Michaels.