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News in English (USA) / 13.02.2025 / 13:00

Joann Fabrics Announces Major Store Closures Amid Bankruptcy

Joann, the well-known fabrics and crafts retailer, has announced plans to close approximately 500 of its 800 stores across the United States as part of its ongoing bankruptcy process. The closures will impact locations in nearly every state, with significant reductions in Michigan, California, and Wisconsin, among others. The company has filed for Chapter 11 bankruptcy and aims to streamline its operations by shutting down a large number of outlets. Affected customers can find a complete list of the stores set to close in their respective regions, including multiple locations in Ohio, New York, and Texas. This drastic move highlights the challenges faced by the retailer in the current economic climate.
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