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Joann Fabrics Closing All Stores

Joann to close all its fabric and craft stores amid bankruptcy

Joann has announced its plans to shut down all its fabric and craft stores following a bankruptcy filing in January. In a statement released on Sunday, the company confirmed that GA Group, along with the Prepetition Term Loan Agent, has been chosen as the winning bidder to acquire nearly all of Joann's assets.

USA TODAY on MSN · 1d

All of Joann's stores now set to close after new ownership group wins bid

All Joann locations are set to close after the fabric and craft retailer was auctioned off to a new ownership group. After filing for Chapter 11 bankruptcy for the second time within a year,

Bill McEwen · 2d

JOANN Fabrics Sale Finalized. Clovis, Visalia Stores Will Close.

The company's newest owners intend to close all the fabric retailers remaining stores, including Clovis and Visalia.

4d

Who bought Joann? New ownership group is partnership between GA Group, Joann lenders

Joann has a new owner. An exec representing the winning bidder said ownership will work to assist employees, keep most stores ...

42m

Major Job Losses At Party City, Joann, Starbucks And More As Consumer Confidence Drops

Retail job losses this year are up 20% over last year, as bankruptcies put many thousands out of a job and many major ...

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