Joann to close all its fabric and craft stores amid bankruptcy
Joann has announced its plans to shut down all its fabric and craft stores following a bankruptcy filing in January. In a statement released on Sunday, the company confirmed that GA Group, along with the Prepetition Term Loan Agent, has been chosen as the winning bidder to acquire nearly all of Joann's assets.
Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them ...
Joann is now set to close all of its store locations after previously announcing the closure of "approximately 500." ...
Previously, the chain had announced closures of about 500 stores. A new statement said that all 850 stores will close.
Business expert Brian Bastin said businesses with locations open in states like Florida are factoring in the expensive cost of real estate of the Sunshine State.
There have been many store closing announcements in 2025. Here's a list of retailers closing stores in and outside of County.
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