2025 Retail Industry Discussion Thread

[Brad]

Our annual thread to discuss store closures, bankruptcies and other not-so-fun stuff.

[Kanyon71]

I saw Big Lots was saved so they won’t be closing all stores. 

[tinkrbel]

On 1/2/2025 at 12:01 AM, Kanyon71 said:

I saw Big Lots was saved so they won’t be closing all stores. 

We lost the bigger one last October and now losing the remaining closer one  Gotta find that giftcard I won and use it before it's trash.

[Kanyon71]

Are they still closing it even after the new company saved them? 

[Brad]

https://www.axios.com/2025/01/09/kohls-closing-stores-list-april-2025

 

Kohl's closing 27 stores by April.

 

I'm guessing there will be more than that before the year is done.

[Kanyon71]

I just saw Macy’s is closing like 64 most of them within the first 3 months of this year. 

[len_mullen]

On 1/10/2025 at 7:38 AM, Brad said:

https://www.axios.com/2025/01/09/kohls-closing-stores-list-april-2025

 

Kohl's closing 27 stores by April.

 

I'm guessing there will be more than that before the year is done.

 

Not if I can help it...

 

Order Placed Jan 10,2025 $4.99
Order Placed Jan 03,2025 $68.33
Order Placed Dec 21,2024 $6.43
Order Placed Dec 14,2024 $75.73
Order Placed Dec 13,2024 $36.00
Order Placed Dec 13,2024 $48.96
Order Placed Dec 11,2024 $1.89
Order Placed Nov 17,2024 $29.99
Order Placed Nov 16,2024 $47.97
Order Placed Nov 11,2024 $16.45
Order Placed Oct 26,2024 $0.00
Order Placed Oct 23,2024 $0.00
Order Placed Oct 20,2024 $53.99
Order Placed Oct 19,2024 $94.78
Order Placed Sep 23,2024 $0.00
Order Placed Sep 23,2024 $3.98
Order Placed Sep 22,2024 $100.39
Order Placed Sep 14,2024 $106.39
Order Placed Aug 30,2024 $15.49
Order Placed Jul 08,2024 $0.99
Order Placed Jul 05,2024 $0.99
Order Placed Jun 08,2024 $20.99
Order Placed May 16,2024 $19.99
Order Placed May 11,2024 $10.99
Order Placed May 01,2024 $96.88
Order Placed Apr 20,2024 $26.99
Order Placed Apr 14,2024 $30.39
Order Placed Mar 30,2024 $15.58
Order Placed Mar 02,2024 $0.00

[Brad]

JoAnn files for bankruptcy for the second time in less than a year

 

https://www.cnn.com/2025/01/15/business/joann-bankruptcy/index.html

[tinkrbel]

Maybe I'm stuck in the past but it's scary what these places charge as regular price for decoration/ splurge/ unnecessary things.  Even at 75% off, I couldn't justify buying Halloween clearance at Joann's (Michael's was worse).

 

Big Lots was a huge time waster trying to figure out what to spend my $20 gift card on. Wound up just buying Christmas Nightmare lights and spending more since 1 set wouldn't do much but I couldn't find $20 worth of other stuff to buy after walking around for like an hour. Everyone was walking around saying the same thing, Where's the sale? The shelves were pretty bare, lots of damaged stuff and one offs or loads of the same unwanted things, a handful of suitcases with zippers struggling to open.

[Kanyon71]

Was reading that Joann’s is closing about 500 of their 800 stores with this round of bankruptcy. Not going to be many of them left inmost states. 

[Brad]

List of stores closing:

 

https://www.scribd.com/document/827319103/Joann-Store-Closings

[berry1014]

4 hours ago, Kanyon71 said:

Was reading that Joann’s is closing about 500 of their 800 stores with this round of bankruptcy. Not going to be many of them left inmost states. 

So true! They are closing all the ones near me. 

[wittenlover]

Most around me are closing. I don't hit Joann's often but I will miss them still for the times I did find stuff I needed there. 

[tinkrbel]

On 2/13/2025 at 6:27 AM, Kanyon71 said:

Was reading that Joann’s is closing about 500 of their 800 stores with this round of bankruptcy. Not going to be many of them left inmost states. 

I feel like they may go the way of Big Lots and not do much reduction. I'm out of town but have a couple slow days to get stuff done and decided to hit the Party City's in the area hoping for amazing deals.  At the register for Party City I overhear a lady talking about Joann's had AT MOST 20% off. I HAD considered walking over but decided against it since I'd already blown entirely too much time at the mall. The one Party City had more stuff and better discounts while the other was more picked through and had less discounts. The one back home had better costume selection and for $4 whereas here they were a flat 80% off. I may stop by one tomorrow in Orlando assuming I wake up early and have the full day to peruse. 

[Kanyon71]

1 hour ago, tinkrbel said:

I feel like they may go the way of Big Lots and not do much reduction. I'm out of town but have a couple slow days to get stuff done and decided to hit the Party City's in the area hoping for amazing deals.  At the register for Party City I overhear a lady talking about Joann's had AT MOST 20% off. I HAD considered walking over but decided against it since I'd already blown entirely too much time at the mall. The one Party City had more stuff and better discounts while the other was more picked through and had less discounts. The one back home had better costume selection and for $4 whereas here they were a flat 80% off. I may stop by one tomorrow in Orlando assuming I wake up early and have the full day to peruse. 

Ya I sort of feel they will just move stuff to other stores. A lot of these closeout deals I see is they bring in stuff they never carried and the stuff you want is already gone somehow.