Closure

Disney confirms the permanent closure of three Magic Kingdom touchstones, clearing space for a Pixar‑themed Piston Peak National Park and a rumored Villains Land. Walt Disney World’s Magic Kingdom is about to lose three of its calmest corners. On July 7, the legendary Liberty Square Riverboat, Tom Sawyer Island, and the surrounding Rivers of America waterway will sail, raft, and ripple for … Read more

The Cincinnati‑based grocer says the closures—about 5 percent of its footprint—will free up cash to upgrade surviving stores amid a tough retail climate. Kroger will close 60 supermarkets over the next year and a half, trimming roughly one in twenty of its 1,239 U.S. locations. The decision, announced alongside first‑quarter earnings, follows a $100 million impairment charge … Read more

Joann, the popular fabric and crafts retailer, has confirmed plans to shutter over 500 locations nationwide by the end of May. This significant move comes as the Ohio-based company struggles to reorganize under Chapter 11 bankruptcy protection, affecting thousands of employees and loyal customers. In February, Joann announced it would close roughly 500 of its … Read more

The closure will begin in mid-May, leaving hundreds of employees worried about their financial security and the broader economic future of Sullivan County. Local officials are gearing up to provide assistance and counseling for those affected by this significant layoff. In total, close to 300 workers at the Liberty facility will be dismissed over 14 … Read more

Subway, the renowned sandwich giant, has reported the closure of more than 600 restaurants in the United States over the past year. This dramatic downturn places the brand at its lowest number of domestic stores in two decades, leaving many observers wondering what the future holds for America’s onetime favorite sub shop. In 2015, Subway … Read more

Another well-known pizzeria files for Chapter 11, reflecting the sector’s ongoing struggles. The Orlando, Fla.-based pizza chain recently submitted its third Chapter 11 bankruptcy filing in seven years. This move underscores the mounting financial pressures restaurant operators face, especially in the pizza segment. With so many consumers watching their budgets, soaring operational costs have become … Read more

The beloved craft store chain Joann continues its closure process, with hundreds of stores now permanently closed. Here’s the latest news on the closures and how they may affect you. Joann customers have only a few days left to visit some of their favorite stores. A total of 255 locations across the country are closed … Read more

Liquidation sales have begun, and no rescue financing is expected before the court’s deadline. Founded in 1670, the legendary Hudson’s Bay Company (HBC) has filed for bankruptcy, signaling the end of one of North America’s oldest commercial institutions. With only six stores still operational, the firm has until early May to secure new funding. However, … Read more

The century-old retailer continues to shrink as it struggles to adapt to the post-pandemic retail landscape. They survived bankruptcy in 2020. They tried to bounce back with new strategies. But now, JCPenney is preparing to shutter seven more stores across the country, marking another setback in its long battle to stay relevant in an increasingly … Read more

Concerns are growing nationwide as Bank of America confirms the shutdown of numerous local branches across the country. Many consumers who rely on in-person services are worried, especially since this move follows a broader trend toward online and mobile banking. In fact, several major American banks have already reduced their physical locations this year. Recent … Read more

A sudden closure sparks questions about the freight sector’s future and financial stability Davis Express Inc., a long-standing trucking firm based in Starke, Florida, has decided to cease operations after 44 years in business. The company will make its final deliveries by April 23 and return all trucks by April 30. Its leadership insists that, … Read more

In a move that has caught the fashion world’s attention, Fossil—headquartered in Richardson, Texas—is preparing to say goodbye to a significant part of its physical presence. For many shoppers, strolling into a Fossil store has long been a familiar routine. Now, that routine will be disrupted. The company has confirmed plans to close 50 locations … Read more

An unexpected move that shakes the crafting world and challenges local economies. One of the nation’s most recognized arts and crafts retailers, Joann, is shutting down all its stores after a failed restructuring deal. A liquidator’s successful bid forced the company into a full-scale liquidation, leaving 19,000 employees—and countless dedicated customers—wondering what comes next. Joann’s … Read more