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Joann, the craft retailer, has moved to close several store locations across the U.S. in recent months as part of a routine business assessment and optimization. While the company has recently opened a few new stores and remodeled several others, these closures aim to streamline operations.
The company filed for Chapter 11 bankruptcy in March 2024 and is now privately owned by its creditors. Here’s what you need to know about Joann store closings.
Why is Joann closing stores?
The company is closing just a handful of underperforming stores in order to optimize business performance.
When is Joann closing stores?
The company is in the process of closing this batch of stores.
Which Joann locations are closing?
Joann is closing locations in:
- Burlington, Iowa
- Owings Mills, Maryland
- Cockeysville, Maryland
- Holyoke, Massachusetts
- Ithaca, New York
- Hickory, North Carolina
- Hermitage, Pennsylvania
- Williamsport, Pennsylvania
How many Joann locations are there?
Joann currently has 850 stores in 49 states.
Other major closures this year
This year has been rough for retail in the U.S. Big Lots and Party City are going out of business, and chains like Walgreens, Red Lobster, Pizza Hut, TGIFridays and 7 Eleven are closing dozens to hundreds of locations in the U.S.