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News in English (USA) / 14.02.2025 / 15:00

Joann Fabrics Announces Mass Store Closures Amid Bankruptcy

Joann Fabrics, a major player in the crafting industry, has announced plans to close approximately 500 of its 800 stores across the United States as part of a bankruptcy process. The decision has sparked sadness among craft enthusiasts, particularly in regions like Wisconsin and California where numerous stores will be shuttered. Customers are reacting to the sudden news, expressing concerns about the impact on local communities and the crafting market. This marks the second bankruptcy filing for the retailer, which has faced significant challenges leading to this drastic downsizing. Affected areas, including Western New York and the Bay Area, have been provided with lists of locations set for closure, causing many loyal customers to mourn the loss of their local Joann stores.
The New York Times, Akron Beacon Journal, USA TODAY, The Review, News 5 Cleveland WEWS, TMJ4 News, Fox Business, NJ.com, Altoona Mirror, KING5.com