Joann Fabrics Now Closing All Remaining Stores and Going Out of Business - Iqraa news

On February 12, Joann shared that it would be closing 500 stores, according to a statement from the chain given to CNN. Of the chain's 800 stores across the U.S., over half its locations were set close, leaving a lot of people scrambling for craft and sewing supplies.  

“This was a very difficult decision to make, given the major impact we know it will have on our team members, our customers and all of the communities we serve,” said a spokesperson to CNN at the time. 

Then, on February 24, the chain announced that it will instead close all of its locations and go out of business, according to CBS News.