Tag: store closures

Kroger Store Closures Impact 60 Locations in Cost-Saving Strategy

Kroger Store Closures Impact 60 Locations in Cost-Saving Strategy

By: Darius Kingsley Jun, 23 2025 0 Comments

Kroger is set to close 60 stores across 16 states, aiming to streamline its operations and reinvest in customer experience. Despite a small sales dip in Q1 2025, Kroger's profits have grown. Employees at shuttered sites will be offered jobs elsewhere as the company navigates changing market demands.

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Joann Sparks Outrage by Ceasing Gift Card Use During Store Closures Amid Bankruptcy

Joann Sparks Outrage by Ceasing Gift Card Use During Store Closures Amid Bankruptcy

By: Darius Kingsley Mar, 14 2025 0 Comments

Joann Inc. has faced backlash for ending gift card acceptance as it shutters all 800 U.S. stores after a second bankruptcy filing within a year. Customers are furious over the decision, which they deem unfair, as liquidation sales are overseen by GA Group. Stores will shut by late May, while the company focuses on maximizing business value in a court-supervised sale.

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Joann Sparks Outrage by Ceasing Gift Card Use During Store Closures Amid Bankruptcy

Joann Sparks Outrage by Ceasing Gift Card Use During Store Closures Amid Bankruptcy

Darius Kingsley

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