Joann, the popular fabric and crafts retailer, has confirmed plans to shutter over 500 locations nationwide by the end of May. This significant move comes as the Ohio-based company struggles to reorganize under Chapter 11 bankruptcy protection, affecting thousands of employees and loyal customers.
In February, Joann announced it would close roughly 500 of its more than 800 stores, making it the second bankruptcy filing for the brand within a year. Company officials explained that economic challenges and changing consumer trends led to a decision they described as “very difficult.” Nevertheless, they insist right-sizing the store footprint offers the best chance at preserving Joann’s future.
Why Joann’s chapter 11 bankruptcy has led to more than 500 store closures
Shoppers might wonder what prompted such a large wave of closures so soon after Joann’s first bankruptcy. According to statements released in February, the retailer struggled with inventory shortages and wavering customer spending.
Some people ask, “Could these closures impact remaining stores or the availability of popular crafting supplies?” Joann insists it will continue operating hundreds of locations and that dedicated crafters should still find most items online or in stores that remain open.
How the store closures in Pennsylvania, New Jersey, and Delaware will affect local communities
Residents of Pennsylvania, New Jersey, and Delaware are seeing a noticeable impact. These closures mean not only fewer places to find specialty fabrics and DIY materials, but also job losses for local communities. Do you have a Joann store in your area that’s on this list? Below is a brief table highlighting some of the closures in each state:
| State | Location (City) | Address |
|---|---|---|
| Pennsylvania | Whitehall | 2570 Macarthur Rd Ste 12 |
| Pennsylvania | Johnstown | 1425 Scalp Ave, Space 110 |
| New Jersey | Mount Laurel | 66 Centerton Road |
| New Jersey | Deptford | 1120 Hurffville Road |
| Delaware | Dover | 283 N Dupont Hwy Ste F |
| Delaware | Newark | 341 W Main St |
These are just a handful of the affected stores among the approximately 500 slated to close. Company officials have stated that going-out-of-business sales may continue for several months at many locations.
Key takeaways for shoppers and employees adapting to Joann’s restructuring plans
Those who frequently rely on Joann for crafting needs are encouraged to visit alternative branch locations or shop online. Store employees may consider exploring transfer opportunities within the company if their positions are impacted. Meanwhile, industry analysts suggest that Joann’s streamlined operations could help stabilize its remaining stores in the long run.
Although this chapter is challenging for employees and customers alike, Joann remains optimistic about rebuilding the brand. For now, shoppers are advised to stay updated on store closings and going-out-of-business sales to make the most of remaining deals.