As Joann Fabrics and JCPenney announce store closings, here's what's driving the pattern
Inflation and a growing preference among consumers to shop online to find the cheapest deals took a toll on brick-and-mortar retailers in 2024.
Going-out-of-business sales to begin Saturday after court approves Joann bankruptcy plan
The initial store closing list for crafting retailer Joann includes at least one location in all 50 states, except Hawaii.