Joann, a well-known crafting retailer, has filed for Chapter 11 bankruptcy protection for the second time in less than a year, raising concerns about the future of its 800 locations. Following significant financial challenges, including over $616 million in debt, the company has commenced shutting down several stores across the US, with reports confirming the closure of at least eight locations. As Joann seeks a buyer, fears grow regarding the possibility of more extensive store closures and the overall viability of the beloved craft chain.