Joann to Close 500 Stores Nationwide (See the Full List of Locations Closing)
We’ve got the latest updates on Joann Stores Closing.
Today, February 12th, Joann announced it would be closing 500 of its 800+ stores nationwide. This announcement onlinees almost a year after filing for bankruptcy.
At the time of filing, they had hoped to keep the majority of their stores open. Joann says higher costs from shipping overseas products, plus decreasing consumer demand, have caused a significant decrease in revenue.
Which Joann store locations will be closing?
Stores will be closing in almost every state and going-out-of-business sales will begin as soon as Saturday, February 15th at some locations. Gift cards are still being accepted for in-store purchases, but not online shopping.
CBS News shared this full list of Joann Fabric Stores Closing.
Joann Fabrics offers a wide variety of crafting supplies, including fabrics, sewing materials, and tools for DIY projects, as well as home and seasonal decor. They have been in business since 1943.
A spokesperson for the onlinepany says they hope to keep their remaining stores open and continue to serve their customers online as they work to restructure their business model.
Check out all the latest info on store closures and openings here.
