That's a wrap for Joe Fresh in the US

Joe Fresh has closed its last remaining store in New York City's Soho neighborhood, marking the official U.S. retreat for the Canadian brand. At its peak, parent company Loblaw operated six stores in New York City and was featured in 700 JCPenney stores.

"We've wound down our Soho store as we re-evaluate our strategy for the market," Kevin Groh, Loblaw spokesman. "Overall, the Joe Fresh brand is strong and growing, with a number of positive developments." Read more.