Joann Fabrics Closing 500 Stores Nationwide in Bankruptcy — Here’s the Complete List

Crafters and sewers are not going to like this news: Joann is closing tons of locations. The news comes after the arts and crafts store filed for bankruptcy a second time just last month. 

Here’s what we know so far, including the full list of stores closing and what customers can expect in the coming months.

Approximately 500 Joann stores will be closing, according to a statement from the chain given to CNN. Right now, it operates 800 stores across the U.S., so that means over half its locations will close, leaving a lot of people scrambling for craft and sewing supplies.  

“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,” said a spokesperson to CNN. 

Joann is in serious financial trouble. The chain filed for bankruptcy the first time in March 2024, but was able to emerge a few weeks later without closing any stores. About a month ago, however, the chain filed for bankruptcy again, citing sluggish sales and inventory issues for its major money woes. Now, the chain sees “right-sizing our store footprint” as the best way forward for the company.  

Considering the amount of locations Joann is closing, there’s at least one store closing in 48 states. Pennsylvania, Michigan, Florida, and California look particularly hard hit. You can see if your local store is on the full store closure list filed in court and linked on the website Joann created for information on the restructuring of the company.  

Yes, the 500 stores that are closing are expected to have going-out-of-business sales, subject to court approval. According to a FAQ on the restructuring website, the company expects them to start on Feb. 15 and “continue for several months.” 

Things aren’t looking great for Joann’s future. The company is looking for court approval to sell all its assets, and right now the main bidder is Gordon Brothers Retail Partners. According to the FAQ, if Gordon Brothers buys the company, it plans to “pursue a liquidation of the company and conduct going-out-of-business sales at all store locations.” Here’s hoping another bidder will win out in the end.