Joann Announces Nationwide Store Closures
February 24, 2025 - 19:48
Joann has officially announced plans to close all of its retail locations across the country as part of a significant restructuring effort. This decision marks a pivotal shift for the craft retailer, which has been a staple for DIY enthusiasts and hobbyists for years. The announcement was made public through the company's restructuring website, signaling a response to ongoing challenges in the retail sector.
The closures will impact numerous communities where Joann has been a popular destination for crafting supplies, fabrics, and home décor items. Employees and loyal customers are left grappling with the news, as many have relied on the stores for both products and crafting inspiration.
The company has not disclosed specific timelines for the closures or the future of its online operations, leaving many to speculate about the next steps. This move highlights the ongoing struggles faced by brick-and-mortar retailers in adapting to a rapidly changing market landscape.
MORE NEWS
February 21, 2026 - 10:12
Supreme Court’s tariff ruling means good news for Pretzel Pete in HatboroA recent Supreme Court decision has struck down a long-standing legal doctrine, a move with immediate positive implications for small business owners like Hatboro`s `Pretzel Pete.` The ruling...
February 20, 2026 - 21:58
Culture Council: Cultivating Integrity for Long-Term Business SuccessIn today`s competitive landscape, long-term business success is increasingly defined not just by financial metrics, but by the strength of an organization`s culture. At the heart of a resilient...
February 20, 2026 - 09:52
Lakers add Dodgers executive Rosen to front officeIn a notable cross-sport front office move, the Los Angeles Lakers have hired longtime Los Angeles Dodgers executive Lon Rosen. This appointment marks another significant organizational shift for...
February 19, 2026 - 18:45
**Trump's Tariffs Reshape Trade, But Small Businesses Bear the Brunt**A new financial analysis reveals that recent U.S. tariffs on Chinese goods are achieving a stated goal: reducing America`s economic reliance on China. The data indicates a significant shift, with...