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Bankrupt Retailer Joann To Close 500 Stores

Bankrupt Retailer Joann To Close 500 Stores

Fabric and craft retailer Joann is set to shut down more than half of its stores nationwide as it navigates its second Chapter 11 bankruptcy within a year. The company plans to close around 500 of its 800 locations across 49 states, according to the Associated Press....
The Worst Might Be Behind Drug Stores

The Worst Might Be Behind Drug Stores

The retail pharmacy sector has struggled in recent years, with significant store closures and bankruptcies. From 2010 to 2021, nearly 30% of drug stores shut down, according to a study by Health Affairs. Last year, Rite Aid even filed for bankruptcy. However, experts...
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