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The Guardian - US
The Guardian - US
Business
Heather Timmons

JoAnn Fabrics fans seek to stitch void left by private equity with crafts co-op

A woman walks past a JoAnn Fabric store displaying
People shop at a JoAnn Fabric as the store is set to close after filing for bankruptcy on 7 March 2025 in Paramus, New Jersey. Photograph: Michael Bocchieri/Getty Images

To its dedicated fans, JoAnn Fabrics wasn’t just a fabric store. It was a vital hub for small businesses – wedding dress makers, upholsters, milliners and rug repairers. It taught generations to make, fix and craft. A visit sparked new ideas in a way that shopping online just can’t replicate.

Since it became one of hundreds of US companies bankrupted by private equity investors in 2025, it has been sorely missed.

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