THREAD: shocking us retail chain bankruptcy

RETAIL GIANT’S Shocking Bankruptcy Sends Chill Through US Economy

01 June 2025 — A major American retailer with over 1,000 stores has filed for Chapter 11 bankruptcy. The company is drowning in more than $4 billion of debt and saw sales drop by 35% this year alone.

This move puts thousands of jobs on the line and leaves suppliers worried as the business tries to reorganize under court orders. Experts say the fallout could shake up the entire retail industry.

“This is a wake-up call for brick-and-mortar businesses struggling against online giants,” one analyst said. Soaring inflation and changing shopping habits have made it even harder for traditional retailers to survive.

The bankruptcy highlights bigger problems in our economy, as families face rising prices and fewer job options in retail — a field many once thought was safe and steady work.

RETAIL GIANT Collapse Shakes Main Street Hopes

01 June 2025 — A massive American retailer just filed for Chapter 11 bankruptcy, sending shockwaves through Main Street. The company, which runs over 1,000 stores across the country, is drowning in more than $4 billion of debt. Sales have plummeted by 35% in only one year.

This bankruptcy puts thousands of jobs at risk and could cause major problems for supply chains nationwide. Experts warn that smaller businesses might be next if the economy keeps getting worse. Everyday Americans may start to lose even more faith in the future.

Many see this collapse as proof that current economic policies are failing regular people and small businesses. It raises a big question: Is Washington ignoring what’s happening on Main Street?

The fallout will stretch far beyond just one company’s books. Communities everywhere are bracing themselves for even harder times ahead.

“BANKRUPTCY SHOCKWAVE: Main Street Reeling as Retail Giant Collapses”

31 May 2025 — One of America’s biggest retail chains just filed for Chapter 11 bankruptcy, shaking Main Street to its core. The company runs over 1,000 stores nationwide and now faces more than $4 billion in debt after a steep 35% drop in sales this past year.

This bankruptcy puts thousands of jobs on the line. Suppliers who rely on this chain are left in limbo. Small towns that depend on these stores could be hit hardest as local economies struggle to cope with the loss.

The collapse raises new worries about the future of brick-and-mortar shops while online giants like Amazon keep growing stronger. Many conservatives point to heavy regulations and rising inflation as reasons why traditional businesses can’t keep up.

As another major retailer falls, Americans are asking what’s next for workers and communities across the country. Washington keeps debating solutions, but Main Street is still waiting for real help that makes a difference where it matters most.

“SHOCKING US RETAIL Chain Bankruptcy Shakes Main Street”

30 May 2025 — One of America’s biggest retail chains filed for Chapter 11 bankruptcy today. The company, with over 1,000 locations nationwide, is drowning in more than $4 billion of debt after sales dropped by 35% this past year.

Leaders say they may shut down hundreds of struggling stores and are hunting for new investors to keep the business alive. They blame the rise of online giants like Amazon and Walmart for stealing shoppers away from local stores.

Experts warn this bankruptcy could be a warning sign for other brick-and-mortar retailers as more people shop online. Thousands of jobs are now at risk as investors wait to see if other chains will follow.

This news has rattled the retail world and raises serious questions about what will happen to malls and shopping centers across America in the coming years.

RETAIL MELTDOWN: Joann Fabrics Bankruptcy Leaves Loyal Shoppers Stunned

13 May 2025 — Joann Fabrics has filed for bankruptcy and plans to shut down around 500 stores nationwide. The company is drowning in nearly $1 billion of debt and is now scrambling to survive. This move shows just how tough things are for brick-and-mortar retailers right now.

Many shoppers are shocked by Joann’s collapse. It highlights the shaky ground that many traditional stores stand on today. While some familiar chains struggle, a few big companies are still doing well.

Disney, for example, just reported a $2.36 billion profit this quarter — a 7% jump — thanks to packed theme parks and more people streaming at home. The gap between Joann’s troubles and Disney’s success reveals how much shopping habits have changed since COVID-19.

This uneven recovery means Main Street businesses could face even more trouble ahead as Americans keep changing where — and how — they spend their money.

RETAIL CHAOS Rocks Main Street: Joann Bankruptcy Stuns Shoppers, Disney Soars, Dollar General Surges

13 May 2025 — Joann Fabrics just filed for Chapter 11 bankruptcy and plans to shut down 500 stores across the country. The company is drowning in $1 billion of debt as it hopes a sale will keep it afloat. This marks another blow to old-school retailers who can’t keep up with shifting shopping habits and rising costs.

Meanwhile, Disney posted a huge quarterly profit of $2.36 billion — a jump of 7% from last year. Packed theme parks and booming streaming services helped Disney beat Wall Street’s predictions even while the economy stays shaky.

Dollar General is bucking the trend by predicting more growth ahead. While Joann Fabrics closes its doors, this discount chain expects to thrive as shoppers hunt for bargains during tough times.

These changes reveal a split in America’s economy — traditional retailers are struggling while entertainment giants like Disney and budget chains like Dollar General find new ways to win over customers.;

JOANN FABRICS Shocker: Heartbreaking Store Closures Hit 2025

11 May 2025 — Joann Fabrics will shut down about 500 of its 850 U.S. locations in 2025 after filing for bankruptcy again. The company is drowning in $1 billion of debt and has failed to recover as a private business.

Florida will lose around 35 Joann stores, making it one of the worst-hit states. To survive, Joann is trying to bring in new shoppers by selling gaming merchandise and old-school game consoles.

This isn’t just about Joann. Big retailers all over the country are closing doors. Advance Auto Parts plans to shut more than 700 locations by mid-2025. Experts warn that up to 15,000 U.S. stores could close next year — twice as many as this year.

These closures show how tough things are for specialty and department store chains right now. High costs, changing shopping habits, and fierce online competition are pushing many longtime businesses out of the market.

JOANN INC Shutters After Bankruptcy: A Heartbreaking End

25 February 2025 — Joann Inc, a beloved fabric and crafts retailer, is closing all its stores after 80 years. Based in Hudson, Ohio, the company faced financial trouble leading to a second bankruptcy filing in January. Despite earlier promises to keep locations open, Joann is now holding “going-out-of-business” sales nationwide.

The pandemic initially boosted Joann’s business as DIY projects became popular. However, their restructuring plans failed to stabilize finances. As a result, Joann filed for Chapter 11 bankruptcy protection for the second time within a year.

Joann’s leadership expressed disappointment over this outcome despite efforts to find better solutions. They worked with advisors and legal partners but couldn’t stop the closures. The company now awaits court approval to start liquidation sales at all store locations immediately.

SURFWEAR SHOCK: Billabong and Quiksilver’s US Parent Company Hits Bankruptcy

07 February 2025 — The U.S. parent company of popular surfwear brands Billabong and Quiksilver has filed for bankruptcy, leading to the closure of over 100 retail locations. Despite this setback, the Australian operations of these iconic brands remain unaffected. This marks a big shift in the surfwear industry, impacting both employees and shoppers.

Canadian businesses face new challenges as a key cross-border exemption is set to end due to U.S.-imposed tariffs on Canadian goods. The removal will likely raise operational costs for many companies relying on easier product movement between countries. Businesses brace for an economic impact similar to previous tariff threats under former President Trump’s administration.

Stifel Nicolaus has reaffirmed its “Buy” rating for IBM, setting a price target of $290 based on strong AI advancements and cash flow growth projections. IBM continues to lead in AI innovation through consulting services and software development, positioning itself among top trending stocks in this sector. Investors remain hopeful about IBM’s future amid growing interest in artificial intelligence technologies.

Bristol-Myers Squibb saw more than a 2% drop in premarket trading after announcing 2025 guidance that fell short of analyst expectations. The pharmaceutical giant’s disappointing forecast has raised concerns among investors about its future performance.;