Craft Retailer

Joann Inc., a leading fabric and craft retailer, is closing all its stores nationwide after a failed bankruptcy restructuring and sale. The company's assets were acquired by GA Group, leading to immediate going-out-of-business sales. This marks the end of an era for the crafting community.

Joann Fabrics, a leading fabric and craft retailer, has announced the closure of over 500 stores across 49 states as part of its efforts to right-size its store footprint following its second Chapter 11 bankruptcy filing. The closures will significantly impact employees and customers, with states like California and Florida seeing the highest number of store shutdowns.