Cait Lamberton, marketing professor at the Wharton School, discusses the closure of Joann Stores and the broader challenges facing brick-and-mortar retailers. She examines the impact of bankruptcy, shifting consumer behaviors, and the rise of e-commerce, shedding light on why traditional retailers struggle to survive in today’s market.
This Week in Business
Retail’s Tough Reality: Lessons from Joann’s Closure
Wharton marketing professor explains the factors behind retail closures and challenges facing the industry.
March 5, 2025
• 8 min listen
Updated: March 6, 2025
Listen to the podcast.
Subscribe wherever you listen to your podcasts.
Comments
New This Week
Podcast
AI’s Real Impact on Jobs and Productivity
Wharton professor of management explains how artificial intelligence is reshaping workplace productivity, hiring, and organizational change more slowly than many expect.
Podcast
Career Growth, Job Mobility, and the Modern Workforce
Wharton professor of management discusses how graduates should approach first jobs, career mobility, and long-term professional growth in today’s evolving economy.
Podcast
How Advanced Analytics Are Changing Professional Hockey
Leading hockey analytics expert discusses NHL playoff trends, player evaluation, tracking data, and how teams are using advanced models to gain a competitive edge.
