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Economy

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mahatmakanejeeves

(65,652 posts)
Tue Feb 25, 2025, 10:07 AM Feb 2025

Joann to shutter all 800 fabric stores after failing to find a buyer to save its locations [View all]

Hat tip, Joe.My.God.


Joann to shutter all 800 fabric stores after failing to find a buyer to save its locations

The craft retailer is shutting down after more than eight decades in business.

Feb. 24, 2025, 4:13 PM EST / Updated Feb. 25, 2025, 8:19 AM EST
By Rob Wile

Fabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would keep its stores open.

In a statement, the company said it would commence nationwide going-out-of-business sales as a stipulation of the group that won its assets at auction.

{snip}

Wed Feb 12, 2025: Joann to close about 500 fabric and craft stores nationwide. Here's where stores are closing.
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