Joann to close 500 of its 800 fabric and craft stores
Joann is part of a growing trend of retailers closing stores as consumers reduce spending. With other brands like Kohl's and Macy's also scaling back, more than 15,000 store closures across all businesses are expected in 2025, double the number from last year, according to Coresight Research.
The auction of Hudson-based Joann, which had been scheduled for 9 a.m. on Friday, finally got underway at 4:05 p.m. after a ...
Joann, the retailer famously known for selling fabrics and crafts, has filed for Chapter 11 bankruptcy for the second time in ...
Joann, the bankruptcy fabrics and crafts retailer, is closing about 60% of its 800 stores in the coming months as part of its ...
For quilters, knitters and crafters, Joann, which expects to close more than half of its stores after filing for bankruptcy, ...
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