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International Business Times
International Business Times
Business
Sana Khan

Joann To Close All 800 Stores After Failing To Find Buyer

JOANN
Fabrics are on display in a Joann store. (Credit: Company handout)

Fabric and crafts retailer Joann announced Monday that it will be closing all of its around 800 stores after being unable to find a buyer willing to keep them open. The company announced that it will start nationwide going-out-of-business sales, as required by the group that purchased its assets in an auction.

Joann to Shut Down All Stores Nationwide After Second Bankruptcy Filing

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