Amazon shuts online store fabric.com in cost-cutting move

2 years, 5 months ago

Amazon shuts online store fabric.com in cost-cutting move

NEW YORK — Amazon is shutting down a subsidiary that’s been selling fabrics for nearly 30 years, the latest move by the online retail giant to cut costs. “As part of our regular business planning, we continually evaluate the progress and potential of our offerings and have made the decision to close Fabric.com,” Amazon spokesperson Betsy Harden said in a prepared statement. The closure of the business comes as Amazon is attempting to cut costs amid worries about the wider economic environment and sluggish online sales. In recent months, it has shuttered its hybrid virtual, in-home care service Amazon Care, implemented a hiring freeze on the corporate side of its retail business and axed some of its other projects.

Associated Press

Amazon Online Store

Fabric and crafts retailer Joann closing all stores

1 month, 1 week ago

Fabric and crafts retailer Joann closing all stores

Fabric

Amazon cuts 200 jobs in fashion and fitness group in the US: Report

2 months, 2 weeks ago

Amazon cuts 200 jobs in fashion and fitness group in the US: Report

Hindustan Times

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Amazon closing two clothing stores in another failed bid into physical retail

1 year, 5 months ago

Amazon closing two clothing stores in another failed bid into physical retail

Associated Press

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Amazon Inc. shuts down wholesale distribution unit; its third business closure in India

2 years, 4 months ago

Amazon Inc. shuts down wholesale distribution unit; its third business closure in India

India

After mass layoffs, Amazon now shuts wholesale distribution business in India

2 years, 4 months ago

After mass layoffs, Amazon now shuts wholesale distribution business in India

India

Amazon shuttering its physical bookstores and 4-star shops

3 years, 1 month ago

Amazon shuttering its physical bookstores and 4-star shops

Associated Press

Amazon

Amazon to shut down operations in China

5 years, 11 months ago

Amazon to shut down operations in China

China

Amazon to close fashion website endless.com

12 years, 6 months ago

Amazon to close fashion website endless.com

Fashion

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All my friends are quitting Amazon

6 days, 17 hours ago

All my friends are quitting Amazon

Everyone's trying to quit Amazon. Katie Jackson, a 29-year-old graphic designer living near Brooklyn’s Prospect Park with her boyfriend, said it’s “way easier” not to use Amazon in the city; …

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Amazon Layoffs: Firm to cut 14,000 corporate jobs this year?

2 weeks, 3 days ago

Amazon Layoffs: Firm to cut 14,000 corporate jobs this year?

Amazon Layoffs: E-commerce major Amazon Inc. is set to lay off 14,000 managerial jobs by early 2025 as the trillion-dollar company aims to cut costs. While this may not be …

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Amazon boycott: The ‘economic blackout’ movement shifts to e-commerce giant Friday

4 weeks ago

Amazon boycott: The ‘economic blackout’ movement shifts to e-commerce giant Friday

New York CNN — A grassroots movement’s call for Americans not to shop at major chains for 24 hours in an “economic blackout” last week went viral — and now, …

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Fabric giant Joann is closing down. What happens to those who relied on the retailer?

1 month, 1 week ago

Fabric giant Joann is closing down. What happens to those who relied on the retailer?

Fabric giant Joann is closing down. "At the time, we were testing and rolling out, sort of, super stores — meaning 30- to 40,000 square foot fabric stores," said Mike …

NPR

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Amazon India hit with $39 million penalty for apparel trademark violation

1 month, 1 week ago

Amazon India hit with $39 million penalty for apparel trademark violation

The Delhi High Court has ruled against Amazon, directing one of its units to pay $39 million, which is over Rs 337 crores, in damages for violating trademark rights. The …

Trademark Amazon

Amazon suffers global outage leaving millions unable to buy items

1 month, 1 week ago

Amazon suffers global outage leaving millions unable to buy items

Amazon's website, which receives billions of visitors each month, reportedly went down Wednesday afternoon with major technical issues worldwide. Some Amazon users said they also had issues using their online …

Amazon

Amazon goes DOWN as chaotic global outage leaves millions of customers saying checkout is not working

1 month, 1 week ago

Amazon goes DOWN as chaotic global outage leaves millions of customers saying checkout is not working

Amazon's website, which receives billions of visitors each month, reportedly went down Wednesday afternoon with major technical issues worldwide. Some Amazon users said they also had issues using their online …

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Craft retailer to close all 800 stores after 80 years

1 month, 1 week ago

Craft retailer to close all 800 stores after 80 years

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the …

The Independent

Company Stores Joann 800 Stores

Joann, fabrics retailer, to go out of business and close all of its stores

Trending 1 month, 1 week ago

Joann, fabrics retailer, to go out of business and close all of its stores

Fabrics and crafts retailer Joann, which has been a destination for generations of quilters, knitters and lovers of crafts projects for more than 80 years, is going out of business …

CNN

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Fabric And Craft Retailer Joann To Go Out Of Business, Close All Of Its Stores

Trending 1 month, 1 week ago

Fabric And Craft Retailer Joann To Go Out Of Business, Close All Of Its Stores

A Joann store in El Cerrito, California, is seen on Wednesday, Jan. 8, 2025. Photographer: David Paul Morris/Bloomberg via Getty Images Bloomberg via Getty Images NEW YORK — Fabric and …

Store Joann Its Stores

Fabric and craft retailer Joann to go out of business and close all of its stores

Top News 1 month, 1 week ago

Fabric and craft retailer Joann to go out of business and close all of its stores

NEW YORK — Fabric and crafts retailer Joann Inc., which has been a destination for generations of quilters, knitters and lovers of crafts projects for more than 80 years, is …

Associated Press

Company Its Stores Stores Joann

Joann fabrics closing more than 500 stores in 49 states — see the full list of locations

1 month, 2 weeks ago

Joann fabrics closing more than 500 stores in 49 states — see the full list of locations

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, …

The Independent

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Joann plans to close roughly half its stores after bankruptcy filing

1 month, 3 weeks ago

Joann plans to close roughly half its stores after bankruptcy filing

After filing for bankruptcy protection twice in less than a year, the crafts and fabric retailer Joann is moving to close around 500 stores across the country, including nearly 60 …

LA Times

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Budget blamed as One of Britain's oldest department stores shuts shop after more than 140 years

1 month, 3 weeks ago

Budget blamed as One of Britain's oldest department stores shuts shop after more than 140 years

One of the oldest UK department store chains is shutting its last shop, blaming Budget tax and wage increases. Retail bosses said the closure of the historic store ‘illustrates the …

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Joann moves to close 500 of its stores across the US amid bankruptcy

1 month, 3 weeks ago

Joann moves to close 500 of its stores across the US amid bankruptcy

NEW YORK — Struggling fabric and crafts seller Joann plans to close about 500 of its stores across the U.S. — or more than half of its current nationwide footprint. …

Associated Press

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Hugely popular craft store chain will shut 500 of its 800 shops amid bankruptcy

1 month, 3 weeks ago

Hugely popular craft store chain will shut 500 of its 800 shops amid bankruptcy

Craft retailer Joann said on Wednesday it plans to shut 500 stores across the US as part of its ongoing bankruptcy process. When it filed for bankruptcy in January, experts …

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Amazon shares tank 4% on weakness in cloud computing unit after Q1 forecasts miss Wall Street estimates

Trending 1 month, 4 weeks ago

Amazon shares tank 4% on weakness in cloud computing unit after Q1 forecasts miss Wall Street estimates

Amazon, one of Wall Street’s most influential companies, topped analysts’ expectations for earnings at the end of 2024, but its stock nevertheless fell 4%. Amazon.com dipped 3.7% due to weakness …

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Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter

1 month, 4 weeks ago

Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter

Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current quarter. During a …

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Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter

1 month, 4 weeks ago

Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter

Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current quarter. During a …

Associated Press

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Walmart set to be dethroned by e-commerce giant for first time after 12 year reign

1 month, 4 weeks ago

Walmart set to be dethroned by e-commerce giant for first time after 12 year reign

Walmart has long been the biggest retailer in the US, since it overtook Sears in 1993. While Walmart is still dominant when it comes to retail, Amazon also generates revenue …

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All Quiksilver, Billabong and Volcom stores will close in the US

1 month, 4 weeks ago

All Quiksilver, Billabong and Volcom stores will close in the US

New York CNN — Quiksilver, Billabong and Volcom, once a magnet for Millennials looking for surfer and skateboard-inspired clothing, are permanently closing all of their stores. More than 100 locations …

CNN

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Amazon, king of online retail, can’t seem to make its physical stores work

2 months ago

Amazon, king of online retail, can’t seem to make its physical stores work

Amazon.com, the largest e-commerce retailer in the U.S., is stumbling in its efforts to compete in the bricks-and-mortar world. After a decadelong experiment with bricks-and-mortar stores, Amazon’s dominance online has …

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All of Mosaic's failed fashion chains to close down, thousands set to lose jobs

2 months ago

All of Mosaic's failed fashion chains to close down, thousands set to lose jobs

Thousands of retail workers will soon be out of a job after the receivers of collapsed fashion group Mosaic failed to find a buyer for its two remaining chains, Millers …

ABC

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Amazon set to close 7 warehouses and eliminate 1,700 jobs in Quebec

2 months, 1 week ago

Amazon set to close 7 warehouses and eliminate 1,700 jobs in Quebec

E-commerce giant Amazon announced on Wednesday that it will be closing all seven of its warehouses in the Canadian province of Quebec within the next two months. Canadian Minister of …

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Amazon exits Quebec operations, to cut about 1,700 jobs; Ottawa unhappy

2 months, 1 week ago

Amazon exits Quebec operations, to cut about 1,700 jobs; Ottawa unhappy

E-commerce giant Amazon.com is exiting its operations in the Canadian province of Quebec, leading to the loss of about 1,700 full-time jobs, the company said on Wednesday, prompting Ottawa to …

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Amazon to close 7 warehouses in the Canadian province of Quebec and eliminate 1,700 jobs

2 months, 1 week ago

Amazon to close 7 warehouses in the Canadian province of Quebec and eliminate 1,700 jobs

Online retailer Amazon said Wednesday that it’s closing all seven of its warehouses in the Canadian province of Quebec in the next two months. The e-commerce giant said the move …

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Amazon to close 7 warehouses in the Canadian province of Quebec and eliminate 1,700 jobs

2 months, 1 week ago

Amazon to close 7 warehouses in the Canadian province of Quebec and eliminate 1,700 jobs

Online retailer Amazon said Wednesday that it’s closing all seven of its warehouses in the Canadian province of Quebec in the next two months. The e-commerce giant said the move …

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Amazon axes 200 jobs in Fashion and Fitness group in US: Report

2 months, 2 weeks ago

Amazon axes 200 jobs in Fashion and Fitness group in US: Report

Amazon is laying off around 200 employees in its Fashion and Fitness group in the US, Business Insider reported. As part of these changes, we've made the difficult decision to …

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Amazon is ending one of its most popular perks for members

2 months, 2 weeks ago

Amazon is ending one of its most popular perks for members

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I …

The Independent

Amazon Buy Indytech Starbucks

Amazon is ending one of its most popular perks for members

Trending 2 months, 2 weeks ago

Amazon is ending one of its most popular perks for members

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Amazon Prime ends one of its most popular perks - and AI is to blame

2 months, 2 weeks ago

Amazon Prime ends one of its most popular perks - and AI is to blame

Amazon is saying goodbye to its Try Before You Buy service for Prime members. 'I'm actually surprised, although I think it's too much of a pain in the to try …

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Value seekers drove 2024’s retail trends and dead ends

3 months ago

Value seekers drove 2024’s retail trends and dead ends

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Home goods retailer The Container Store files for bankruptcy protection

3 months, 1 week ago

Home goods retailer The Container Store files for bankruptcy protection

Dec 23 - Custom closets manufacturer The Container Store filed for Chapter 11 bankruptcy protection in the United States, as the retailer struggles with mounting debt and weak consumer demand. …

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The Nordstrom family is taking back control of its store in a $6.25 billion deal

3 months, 1 week ago

The Nordstrom family is taking back control of its store in a $6.25 billion deal

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Fashion chain owned by H&M launches closing down sale - see the full list of stores set to shut

3 months, 1 week ago

Fashion chain owned by H&M launches closing down sale - see the full list of stores set to shut

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Is Big Lots closing? Company announces 'going out of business' sales at all stores

3 months, 2 weeks ago

Is Big Lots closing? Company announces 'going out of business' sales at all stores

Big Lots is out of business. FILE - A shopper leaves the Big Lots store on Dec. 4, 2012 in Berlin, Vt. Big Lots announces ‘going out of business’ sales …

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Revealed: The 'bogus' fashion sites 'leaving Christmas shoppers hundreds out of pocket' as they lure in victims with 'fake' closing down sales then send them cheap knock-off goods

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Shoe Zone blames Rachel Reeves’ budget for closing stores

3 months, 2 weeks ago

Shoe Zone blames Rachel Reeves’ budget for closing stores

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Why Macy's is shutting down dozens of stores across US

3 months, 3 weeks ago

Why Macy's is shutting down dozens of stores across US

Popular US departmental store chain Macy’s has announced that it is planning to shut down as many as 65 stores by the end of January 2025, which is 15 more …

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Macy's will close 65 stores within weeks - but not before huge clearance sale

3 months, 3 weeks ago

Macy's will close 65 stores within weeks - but not before huge clearance sale

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Wine tumblers, sweatshirts: Amazon keeps having to pull merch related to UnitedHealthcare CEO murder

3 months, 3 weeks ago

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Walmart keeps growing with shoppers making more than $100,000 a year

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Amazon launches an online discount storefront to better compete with Shein and Temu

4 months, 3 weeks ago

Amazon launches an online discount storefront to better compete with Shein and Temu

Amazon has launched a low-cost online storefront featuring electronics, apparel and other products priced at under $20, an effort to compete with discount retailers that have increasingly encroached on the …

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Amazon launches an online discount storefront to better compete with Shein and Temu

4 months, 3 weeks ago

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Beloved retailer is closing all its physical stores - again

5 months, 1 week ago

Beloved retailer is closing all its physical stores - again

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