The move to close 500 stores comes after Joann declared bankruptcy for the second time in less than a year. The closures would leave it with far fewer stores than competitors Hobby Lobby and Michaels.
Joann, an Ohio-based crafts retailer, is trying to shutter more than half of its 800 locations nationwide as it restructures under the Chapter 11 bankruptcy process.
Joann currently operates around 800 stores across 49 states. The initial list of the roughly 500 locations it's looking to ...
Joann, the crafting and fabrics retailer, is planning to close nearly three dozen Ohio stores after declaring Chapter 11 ...
The company had initially said it would not close any locations as part of its second Chapter 11 process. However, its ...
Fabric and crafting store Joann is set to close over half of its locations nationwide, including three in Bucks County, writes Mary Walrath-Holdridge for ...
The crafts retailer, which received no buyer interest in the locations, could liquidate entirely if a sale to Gordon Brothers ...
Joann announced it's closing 500 stores across the country including one on the Eastside of Tucson and another in Green ...
The beloved crafting and fabric retailer Joann will soon shutter down hundreds of its stores in the country, including ones ...