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....
Aldi Plots 225-Store Expansion After Buying Winn-Dixie, Sells 170 Stores Back To Former Owner
Aldi is set to embark on a major expansion in 2025 while simultaneously selling back some of the stores it acquired in 2023. The company plans to open 225 new locations next year, marking its fastest expansion yet. This growth will come from both brand-new stores and...