India, May 23 -- After more than 80 years as a beloved destination for crafters, quilters, and DIY enthusiasts, Joann is closing its doors for good. The fabric and craft retailer has announced that all remaining stores will permanently cease operations by May 31, marking the end of an era for a company that has been a cornerstone of the creative community for generations.
Following its second Chapter 11 bankruptcy filing in less than a year, Joann closed 255 stores in April and began going-out-of-business sales at remaining locations. With discounts of 70% to 90%, the sales also included store fixtures and equipment. Now, the final 440+ stores are set to close by May 31, according to GA Group, the retail liquidator that acquired Joann's ...
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