UPDATE 2/25/25: JOANN has now announced that it is going out of business, with all 800 locations set to close this year. ORIGINAL 2/13/25: Calling all crafters: Your favorite fabric store, JOANN, is ...

WASHINGTON — The last 444 Joann stores will close by May 31, joining the dozens of locations that shuttered since the company filed for bankruptcy again. The fabrics and crafts retailer announced ...

A spokesperson for the company went into further detail about Joann’s closure. “Following a comprehensive sale process and auction, GA Group, together with the Prepetition Term Loan Agent, has been ...

(CNN) – Michaels is jumping into the void left by the collapse of Joann Fabrics. Michaels announced it is buying the fabric retailer’s private label and drastically expanding its sewing selection.

Craft retail chain The Michaels Companies said on Thursday that it has acquired the beloved fabrics retailer Joann, which recently winded down operations and closed all of its stores after a second ...

Fans of Joann have one last chance to grab fistfuls of fabric, yarn, and other critical sewing supplies before the ill-fated retailer closes for good—but time is running out. The beloved brand, which ...

Michaels has seized an opportunity to cut a larger space in the craft retail industry, announcing on June 5 it would be buying Joann brands. In a release, Michaels said it had completed its ...