Jo-Ann Fabrics Is Closing Stores, Starting Jan. 22 — Best Life (2024)

Jo-Ann Fabrics, now formally known as JOANN, is a crafter's heaven. The popular retail chain carries everything from sewing patterns and beads to yarn and thread, making it a one-stop shopping destination whenever you start a new project. But if you regularly rely on your local store for supplies, you might be dismayed to learn that JOANN will soon be closing some locations soon. Read on to find out which stores will be shutting down, starting Jan. 22.

READ THIS NEXT: Family Dollar and Another Discount Chain Are Closing Stores, Starting Friday.

Different arts and craft stores have shut down in recent months.

Jo-Ann Fabrics Is Closing Stores, Starting Jan. 22 — Best Life (1)

JOANN isn't the only crafty chain shuttering locations, as the beloved Texas-based retailer Asel Art Supplyrecently announced on Facebook that it is going out of business and closing all stores by Dec. 31. The bright side? Customers can save at an ongoing closing sale at all six brick-and-mortar stores before they're gone for good, with prices currently slashed up to 50 percent.

Even merchants without physical stores have faced difficulties, as Fabric.com, an online retailer, posted an alert that they will "no longer sell products." The warning was published on the store's website, confirming that the fabric retailer officially shut down on Oct. 20, after being in business for almost 30 years. According to the Associated Press (AP), the decision came down from Amazon—which acquired Fabric.com in 2008—in order to cut costs.

Thankfully, JOANN is still in business, even though certain stores are on the chopping block.

Customers in West Virginia will lose a location.

Jo-Ann Fabrics Is Closing Stores, Starting Jan. 22 — Best Life (2)

A JOANN store in Bridgeport, West Virginia will see its final day on Jan. 22, 2023, CBS-affiliate WDTV reported. The store is located in Meadowbrook Mall, which is currently undergoing renovations to make room for a new tenant, per a Nov. 15 article posted by the Cafaro Company, the mall's owner.

A total of 11 units are being demolished at the mall, and they "are scattered from one end to the other," Bridgeport Community Development Director Andrea Kerr said. This included the "soon-to-be-leaving" JOANN store, which has been in business at Meadowbrook mall for more than 30 years.

The retailer is having a sale leading up to the closure.

Jo-Ann Fabrics Is Closing Stores, Starting Jan. 22 — Best Life (3)

Per WDTV, JOANN officials confirmed that a closing sale will begin on Nov. 27, ahead of the January closure. When the Bridgeport store is gone, the closest JOANN locations will be in Parkersburg, West Virginia, and Pittsburgh, Pennsylvania, both of which are over an hour away.

According to Kerr, other retailers at Meadowbrook decided to move to other areas of the mall, including a Marshalls location and a comic book store, but JOANN is one business that decided to close instead. "While there were some changes and some stores have closed, other stores have decided to keep open and relocate to different portions of the mall and that speaks volumes for the future of the mall," Kerr said.

Meadowbrook's new retailer has yet to be confirmed, but Cafaro anticipates making a formal announcement in January, according to the company's website.

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Another store on the East Coast is also closing its doors.

Jo-Ann Fabrics Is Closing Stores, Starting Jan. 22 — Best Life (4)

Also closing on Jan. 22 is a JOANN store in Keene, New Hampshire,The Keene Sentinel reported. The store is located in the West Street Shopping Center, with a liquidation sale kicking off on the same day as the Bridgeport location. An employee confirmed the closing date to The Keene Sentinel, adding that the retailer's lease expires at the end of January. The employee requested that they not be named, as they didn't want to "jeopardize their employment before the store closes," the outlet reported.

Store associates were informed of the closure six weeks ago, but weren't provided with a reason, according to the employee. "It's been tough; it was a shock and a disappointment," they said. "I wish they would have relocated us instead of closing down."

In a statement provided to Best Life, JOANN confirmed that, overall, it has "no plans to closes its stores, and will continue to be the source for creators to bring their inspiration to reality."

"In alignment with standard brick and mortar business processes, JOANN closes stores occasionally while simultaneously investing in, and opening brand new stores to best meet the needs of our customers," the retailer said, adding that eight stores in total (out of 800) are closing in the next three months. "JOANN will continue to unveil new stores with updated features and offerings in 2023. JOANN physical store locations and the ecommerce business will continue to be available to customers, as we advance our mission to inspire creativity."

The closest JOANN location is a bit of a drive from Keene, but another craft store is coming to town.

Jo-Ann Fabrics Is Closing Stores, Starting Jan. 22 — Best Life (5)

Current employees were offered the opportunity to transfer to other JOANN stores, but this would potentially involve a commute or a move. Much like the situation in West Virginia, the closest stores to Keene aren't necessarily close by.

"It's hard for most of us because we're from Keene and the nearest Jo-Ann is an hour away at least," the employee told The Keene Sentinel. The outlet notes that the closest locations within the state of New Hampshire are in Nashua and Concord, but the closest JOANN store, in general, is in Leominster, Massachusetts. The craft chain confirmed that current team members who do not have another JOANN store within a 25-mile radius will be given a severance package.

Crafters in Keene won't be totally out of luck though, as TheKeene Sentinel further reported that a Hobby Lobby is slated to open at West Street Shopping Center. An official date hasn't been confirmed, but the store's signage is in place and the store is undergoing renovations.

The JOANN closure and Hobby Lobby opening have not been officially connected, butThe Keene Sentinel called attention to Hobby Lobby's lease, which is available online through Cheshire County. The document states that "no portion of the Shopping Center, except for the Leased Premises, shall be used for the sale of art supplies, craft supplies, fabrics, photo frames, framed art, wall art, and wall decor." However, stores are able sell supplies, so long as they meet certain sales and square footage requirements.

Jo-Ann Fabrics Is Closing Stores, Starting Jan. 22 — Best Life (2024)

FAQs

Jo-Ann Fabrics Is Closing Stores, Starting Jan. 22 — Best Life? ›

In November 2022, Jo-Ann was reported to close eight out of its 842 stores in the country — notably two locations in New Hampshire and West Virginia — beginning on Jan. 22, 2023, according to Best Life.

Is Joannes Fabrics going out of business? ›

Joann — the craft store chain formerly known as Jo-Ann Fabrics — has filed for bankruptcy amid ongoing financial troubles. But DIYers need not worry just yet: The company's more than 800 stores nationwide will remain open and its website will stay active as the Hudson, Ohio-based company restructures its finances.

Is Joann Fabrics in financial trouble? ›

Despite Joann's debt, the business is in a promising place, according to the bankruptcy filing. 96% of stores have positive cash flow. Additionally, online sales accounted for 13% of revenue in fiscal 2024, the filing said. Stores and online sales will continue to operate with no changes, Joann said.

Who is buying Joann Fabrics? ›

The private equity firm Leonard Green & Partners bought Joann for roughly $1.6 billion in 2011, and spun it off publicly in 2021. Joann's stock price initially climbed, but it began to tumble a few months later, and now trades for about 20 cents a share.

What is the lawsuit against Joann Fabrics? ›

The lawsuit alleges the following violations against Jo-Ann Stores: failing to provide employees with suitable seating during active periods of work; and. failing to provide employees with suitable seating during inactive periods of work and rest breaks.

What is the Joann's controversy? ›

Hudson, Ohio-based Joann, which filed for Chapter 11 bankruptcy, reported between $1 billion and $10 billion in debt. In court documents filed Monday, the retailer blamed higher costs from shipping overseas products, as well as waning consumer demand.

What did Joann fabrics used to be called? ›

In 1943, German immigrants Hilda and Berthold Reich, Sigmund and Mathilda Rohrbach, and Justin and Alma Zimmerman opened the Cleveland Fabric Shop in Cleveland, Ohio. After further expansion, in 1963, the name was changed to Jo-Ann Fabrics.

Is it better to work at Joann or Michaels? ›

Michaels scored higher in 10 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Work-life balance, Senior Management, Compensation & Benefits, Career Opportunities, CEO Approval, Recommend to a friend and Positive Business Outlook.

Who bought Joann's 2024? ›

Joann had traded publicly but was bought and turned into a privately owned company in 2011 by Leonard Green & Partners, which today still owns about 66% of the company. It became publicly traded again in March 2021 with a new IPO. Today, it is once again privately held.

Which is more expensive Michaels or Joann fabrics? ›

Joann Fabrics vs Michaels Prices

Both stores now have a commanding presence across the country. By most accounts, prices at Michaels are higher than those at Joanns. According to a Business Insider deep dive, Michaels prices across various departments are often more expensive than Joanns.

What is the alternative to JOANN? ›

JOANN's competitors
  • JOANN.
  • Michaels Stores.
  • Hobby Lobby.
  • Wescover.
  • Dormify.

Can fabric be returned to JOANN? ›

According to the JOANN Return Policy, you can return fabric to Joann Fabrics within 90 days of purchase, as long as the fabric is in its original condition and packaging, and you have the receipt or order confirmation. You can either bring the fabric to a physical store or mail it back to them.

What is the legal name for Joann Fabrics? ›

Jo-Ann Stores, LLC operates as a retails fabric and craft products company.

Is fabric com going out of business? ›

Amazon acquired the company in 2008 with the goal of expanding its craft and hobby material segment. In a note published on its website, Fabric.com indicated that it would no longer sell products on its platform as of October 20, 2022.

What is the alternative to Joann? ›

JOANN's competitors
  • JOANN.
  • Michaels Stores.
  • Hobby Lobby.
  • Wescover.
  • Dormify.

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