Joann Fabrics is closing all its stores, including the Tyler location at The Village At Cumberland Park. East Texans will still have local alternatives for crafting and sewing supplies once Joann stores close for good.
A few short years ago, big retailers like Party City and Bed Bath And Beyond always felt like they would be around forever.
The Covid epidemic and quarantine changed all that forever. A year with no parties took its toll on retail giant Party City. Then came the ongoing supply chain issues. Same-store sales figures plummeted. As a result, on January 17, 2023, Party City filed for bankruptcy protection.
Luby’s, a popular Texas based cafeteria chain has announced plans to liquidate their businesses and distribute the money to their existing investors. The liquidation also includes Fuddruckers, real estate and their culinary contract services.