Joann fabrics stores closing 500 of its 800 stores

Joann, the beloved fabrics and crafts retailer, has announced plans to close more than half of its 800 stores across the United States in the coming months as part of its ongoing bankruptcy restructuring process. The company revealed that approximately 500 Joann stores will shutter, marking a significant shift in its retail strategy. This decision comes as Joann seeks to stabilize its financial future and adapt to changing consumer shopping habits.

In a statement to CNN, Joann emphasized that “right-sizing our store footprint is a critical part of our efforts to ensure the best path forward.” The company acknowledged the emotional and economic impact of these closures, stating, “This was a very difficult decision to make, given the major impact we know it will have on our team members, our customers, and all of the communities we serve.”




Joann Fabrics Stores Closing: What You Need to Know

The announcement of Joann stores closing has left many customers and employees wondering which locations will be affected. While the retailer has not yet released a full list of Joann stores closing in 2025, the decision to close approximately 500 stores signals a significant reduction in its physical presence. Shoppers are eagerly awaiting the official list of Joann stores closing to determine whether their local store will remain open.

Joann Fabrics has long been a go-to destination for crafters, sewers, and DIY enthusiasts, offering a wide range of fabrics, sewing supplies, and crafting materials. The closures are expected to impact communities across the country, particularly in areas where Joann stores serve as a hub for creative projects and local events.

Why Are Joann Stores Closing?

The decision to close Joann stores is part of a broader effort to streamline operations and reduce costs as the company navigates bankruptcy. Like many retailers, Joann has faced challenges in recent years, including increased competition from online retailers, shifting consumer preferences, and the economic fallout from the COVID-19 pandemic.

By closing underperforming locations, Joann aims to focus on its most profitable stores and enhance its e-commerce capabilities. This strategy reflects a growing trend among retailers to prioritize digital sales and optimize their physical store networks.

Community Impact and Reactions

The news of Joanns closing stores has sparked concern among loyal customers and employees. For many, Joann Fabrics is more than just a store—it’s a place where creativity thrives and communities come together. The closures are expected to have a ripple effect, particularly in smaller towns where Joann stores are a key retail presence.

Local news outlets, such as News12 Long Island and KWCH, have begun reporting on the potential impact of these closures in their regions. Additionally, platforms like WNEP School Closings have highlighted the broader implications of retail shutdowns on local economies.

What’s Next for Joann Fabrics?

While the announcement of Joann stores closing is undoubtedly a setback, the company remains committed to serving its customers through its remaining locations and online platform. Joann Fabrics has assured customers that it will continue to offer the same high-quality products and services, even as it undergoes this transition.

For those wondering which Joann stores are closing, the retailer is expected to release a detailed list in the coming weeks. Customers are encouraged to check Joann’s official website or contact their local store for updates.

Looking Ahead

As Joann Fabrics moves forward with its restructuring plan, the focus will be on adapting to the evolving retail landscape. While the closure of 500 stores is a significant change, it may ultimately position the company for long-term success.

For now, customers and employees alike are reflecting on the role Joann Fabrics has played in their lives and communities. Whether through sewing classes, crafting workshops, or simply providing a space to explore creativity, Joann has left an indelible mark on the world of DIY and crafting.

As the list of Joann stores closing in 2025 becomes available, the crafting community will undoubtedly rally to support the brand during this challenging time. In the meantime, shoppers can continue to find inspiration and materials at their local Joann Fabrics store—while it remains open.

Stay tuned for updates on Joann fabrics closingJoanns closing stores, and the full list of Joann stores closing 2025 as more information becomes available.




Djaz

https://www.linkedin.com/in/djaziri/

Digital Marketer Manager