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Joann Stores Continue Liquidation With 112 Closures Completed on April 28

The craft retailer, facing its second bankruptcy in a year, is set to shutter its remaining 500 stores by the end of May under a court-supervised liquidation plan.

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Joann Stores closing down: Check which ones are getting shut today
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Overview

  • Joann filed for Chapter 11 bankruptcy in January 2025, marking its second filing within a year due to mounting debt and operational challenges.
  • In February 2025, GA Group and Joann's term lenders acquired the company’s assets, initiating a full liquidation of its 800-store network.
  • As of April 28, 2025, 112 Joann stores completed their final day of business, adding to the 255 closures completed throughout April.
  • More than 500 remaining Joann locations are scheduled to close by the end of May, with going-out-of-business sales underway at these stores.
  • Founded in 1943, Joann's struggles reflect broader trends in the retail sector, including declining discretionary spending and increased competition from online and big-box retailers.