Joann to close 500 of its 800 fabric and craft stores
Joann is part of a growing trend of retailers closing stores as consumers reduce spending. With other brands like Kohl's and Macy's also scaling back, more than 15,000 store closures across all businesses are expected in 2025, double the number from last year, according to Coresight Research.
The New York Times · 7d
Joann, the Fabric and Crafts Chain, Will Close 500 Stores Across U.S.
Joann, whose outlets were once called Jo-Ann Fabrics, is based in Hudson, Ohio. The chain has long sold art supplies, such as yarn, sewing machines, fabrics and other seasonal products. The company currently has stores in 49 states.
For quilters, knitters and crafters, Joann, which expects to close more than half of its stores after filing for bankruptcy, ...
A popular fabric store chain is closing hundreds of stores across the nation — and some Sacramento-area locations are on the ...
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