In a significant development impacting crafters and customers alike, Joann Fabric and Crafts has announced plans to close around 500 of its stores across the United States. This closure comes on the heels of the company’s filing for Chapter 11 bankruptcy for the second time, which has left many wondering about the future of the beloved crafting retailer.
Joann’s Continued Struggles
Joann Fabric and Crafts, known for its wide selection of fabrics, crafting supplies, and home décor, filed for bankruptcy protection in January 2025. The company, which operates in 49 states, is facing tough times due to challenges like reduced consumer spending and inventory shortages. It’s a situation that many businesses in the retail sector are currently experiencing, leading to tough decisions about which stores can continue to operate.
The Closure Details
The planned closings include locations in nearly every state, with California, Florida, and Michigan seeing the most significant impacts. While the company has not released a full list of closing stores, the closures are part of a strategy to “right-size its store footprint” and improve its financial position. This sweeping action signifies just how challenging the retail landscape has become, especially in a post-pandemic world.
What’s Next for Shoppers?
Joann is set to begin going-out-of-business sales starting February 15, providing shoppers an opportunity to grab their favorite crafting supplies at discounted prices. With the anticipated buzz around these sales, many customers may flock to the stores to stock up before they close for good.
Impact on Employees and Communities
The closure of these stores is not just a business decision; it has real implications for employees, customers, and the communities they serve. Joann has acknowledged that these changes will affect its 19,000 employees across the nation significantly, and the emotional toll on local shoppers who have relied on Joann for their crafting needs is palpable. Many crafters have formed deep connections with these stores over the years, using them as spaces for creativity, community, and learning.
Joann’s Position in the Market
Despite these closures, Joann still plans to maintain approximately 300 stores. They continue operating online and hope to rebuild the brand’s strength following this restructuring. The company is now privately owned by its creditors and will work on reducing its debts while trying to reshape its future. But as with many businesses weathering storms in the economy, only time will tell how effective these changes will be.
Where to Find the Closures
- Joann has filed court documents listing 533 stores slated for closure.
- The list includes names from significant states but is less detailed for regions like New York and Connecticut.
- While Joann has not provided a public list, local news reports and court documents are the best resources for finding specific store closures.
Conclusion and Reflection
The news of Joann’s upcoming closures resonates deeply with many crafting enthusiasts. It serves as a reminder of how quickly things can change in retail and the creative world. As people gather supplies one last time leading up to the closures, it’s an opportunity for crafters to reflect on their favorite projects and the inspiration that Joann has provided throughout the years. With a little hope, Joann can emerge stronger and perhaps find a new way to connect with the crafting community.
