Joann Fabrics Store Closures: What You Need to Know

Joann Fabrics Store Closures: What You Need to Know

Joann Fabrics, a beloved destination for craft lovers, has announced that it will be closing around 500 of its 800 stores across the U.S. This decision comes as part of the company’s recent Chapter 11 bankruptcy filing, which aims to help the struggling retailer restructure and regain financial stability.

Why Are Joann Stores Closing?

Like many brick-and-mortar retailers, Joann has faced tough times in recent years. Several factors have contributed to this decision, including:

• Financial struggles – The company has been dealing with declining sales and rising costs.
• Changing shopping habits – More people are shopping online, reducing foot traffic in physical stores.
• Inventory and supply chain issues – Keeping shelves stocked has become a challenge.

Which Joann Stores Are Closing?

Joann has not yet released an official, complete list of closing locations, but the closures are expected to affect many states, including:

• California
• Florida
• Michigan
• Ohio
• Pennsylvania

To check if your local store is affected, Joann recommends visiting their restructuring website or contacting customer service.

Joann Fabrics Store Closures: What You Need to Know

What This Means for Employees and Customers

The closures will impact thousands of employees, many of whom have been with the company for years. Joann has acknowledged the difficulties this will cause for workers and their families. Meanwhile, loyal customers who rely on Joann for fabrics, crafting supplies, and seasonal decor may have to find new options, including online shopping or alternative craft stores.

What’s Next for Joann?

Despite the store closures, Joann isn’t disappearing entirely. The company is working on a court-supervised sale process in hopes of continuing operations on a smaller scale.

For now, shoppers may find clearance sales at closing locations, so it could be a good time to stock up on crafting essentials before their favorite stores shut down for good.

For the latest updates and a full list of store closures, check Joann’s website or follow their official announcements.

Why is Joann Fabrics closing stores?

Joann Fabrics is closing around 500 stores due to financial struggles, declining sales, and changing shopping habits. The company has filed for Chapter 11 bankruptcy to restructure its operations.

How many Joann stores are closing?

Approximately 500 out of Joann’s 800 stores across the U.S. will be shutting down as part of the restructuring plan.

Which Joann stores are closing?

A full list of closures has not been officially released yet, but locations in states like California, Florida, Michigan, Ohio, and Pennsylvania are expected to be affected. Customers can check Joann’s website for updates.

Will Joann Fabrics shut down completely?

No, Joann will continue to operate about 300 stores and its online platform. The company is working on a sale process to stay in business on a smaller scale.

Will there be discounts at closing Joann stores?

Yes, clearance and liquidation sales are expected at closing locations, offering discounts on fabrics, craft supplies, and home décor items.