Forever 21, Party City, Joann and other store closures in New Orleans

The big picture: Here's what to know about the closures in New Orleans metro.

Forever 21: All stores will close, including those in Lakeside Shopping Center, Riverwalk Outlets and Oakwood Center.

• Liquidation sales are expected to start soon.
• Go deeper: A millennial's farewell to Forever 21

Party City: All locations are expected to close by the end of the month, including locations in Harvey, Metairie and Elmwood.

• Inventory is discounted up to 80%.

Joann: The retailer is closing all stores, including in Metairie and Gretna. Sales are already underway.

Big Lots: Most stores are closing, but some will reopen under new ownership, including one in Metairie, per a report by Fast Company.

Between the lines: Kohl's, Macy's and JCPenney have no stores in New Orleans on their public closures lists as of this week.

What we're watching: 15,000 store closures are expected this year, nearly double the 7,325 stores that closed in 2024, according to Coresight Research.