Joann Fabrics Plans on Closing Hundreds of Stores Across More Than 40 States

The retailer seeks approval to shutter hundreds of underperforming stores across more than 40 states as part of bankruptcy restructuring.
Joann Fabrics Plans on Closing Hundreds of Stores Across More Than 40 States
A logo sign outside of a Joann retail store is seen in Arlington Heights, Ill., on Jan. 15, 2025. Nam Y. Huh/AP Photo
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Joann Inc., the parent company of Joann Fabrics, which filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware last month, is seeking approval to close hundreds of underperforming stores nationwide.

The retailer, a staple in the sewing and crafting industry for more than 80 years, cited financial difficulties and an ongoing strategic sale process as key reasons for the closures.

Chase Smith
Chase Smith
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Chase is an award-winning journalist. He covers national politics for The Epoch Times. For news tips, send Chase an email at [email protected] or connect with him on X.
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