Another round of closures reported for Jo-Ann fabric stores. Will any close in the Wilmington-South Jersey-Philadelphia region?
Are any of the Jo-Ann stores listed as closing in the Delaware-Philadelphia-South Jersey region? Here's what we know. Several published reports noted the closure of several Joann stores ...
Joann Fabrics could be going out of business amid bankruptcy if a buyer isn't found. Here are the Ohio and Northern Kentucky stores that might close.
Joann did not provide information on the date of the impending closings. Local news outlets in Pennsylvania, Iowa, Massachusetts and Delaware reported dates for local store closures ranging from Jan. 12 to Jan. 19. A worker at the Owings Mills, Maryland, location said it would be closing Jan. 19.
Several Joann stores are closing as the fabric and crafts store files for Chapter 11 bankruptcy for the second time.
Joann's stores and e-commerce platform continue to operate normally as she seeks court approval to sell most of her assets
Joann fabrics and craft store has filed for bankruptcy — again. The craft retailer filed for bankruptcy Wednesday, about nine months after its first bankruptcy filing in March 2024. After last year's filing, the company went private and was able to keep all of its stores open, despite owing $1 billion in debt.
This is the second time in less than a year that the retailer has filed for bankruptcy. Its stores are likely to close.
Joann, the crafts and fabrics chain, has filed for bankruptcy a second time in less than a year. The Ohio-based company first filed for bankruptcy in March 2024 and became a private company a month later to keep its U.S. stores.
Opening in 1942 in Cleveland, Ohio, Joann has grown to be one of the most prevalent fabric and crafts stores in the U.S., competing with major stores like Hobby Lobby, Michael’s, Target, Walmart, and dozens of independent stores.
Due to financial and inventory issues, Joann filed Chapter 11 bankruptcy for the second time in a year and is seeing closures in stores nationwide.