Joann Fabrics Stores Closing – Complete List & Bankruptcy Updates 2025
Why is Joann Fabrics Closing Stores in 2025?
Joann Fabrics, a staple in the crafting and fabric retail industry, has announced plans to close approximately 500 stores nationwide due to mounting financial challenges. As , the company filed for Chapter 11 bankruptcy , citing several key factors contributing to its decline:
Joann Fabrics Stores Closing – Complete List
- California – Multiple locations
- Florida – Multiple locations
- Michigan – Multiple locations
- New York – Multiple locations
- Texas – Multiple locations
- Ohio – Multiple locations
- Illinois – Multiple locations
- Pennsylvania – Multiple locations
- Georgia – Multiple locations
- North Carolina – Multiple locations
For the full list of store closures, visit the official Joann Fabrics website.
- Declining Sales : A steady drop in foot traffic and revenue over the past few years.
- Rising Costs : Increased expenses related to rent, labor, and supply chain disruptions.
- Shift to Online Shopping : Consumers are increasingly turning to e-commerce platforms like Amazon and Etsy for convenience.
- Debt Restructuring : The bankruptcy filing aims to restructure debt and focus on profitable locations.
This decision marks a significant shift in the retail landscape, leaving many crafters searching for alternatives.
Key Reasons Behind the Closures:
- Declining Sales :
- Over the past few years, Joann has experienced a consistent decline in foot traffic and revenue, which has been exacerbated by the rise of online shopping and changing consumer habits.
- Rising Costs :
- Rent, labor, and supply chain disruptions have all contributed to increased operational costs, making it difficult for Joann to maintain profitability across its vast network of stores.
- Shift to Online Shopping :
- The convenience of e-commerce platforms like Amazon, Etsy, and even Walmart has drawn consumers away from brick-and-mortar stores, particularly in the crafting and fabric niche.
- Debt Restructuring :
- By filing for Chapter 11 bankruptcy, Joann aims to restructure its debt and focus on maintaining only the most profitable locations, while closing underperforming stores.
When Will Joann Stores Close? (Timeline & Details)
The closure timeline varies by location, but most stores are expected to shut down by the end of 2025. Here’s what shoppers need to know:
- Phase 1 (Q1 2025) : Initial round of closures in underperforming markets.
- Phase 2 (Q2-Q3 2025) : Larger-scale closures, including flagship locations.
- Final Phase (Q4 2025) : Remaining stores will close unless they are part of the restructured business plan.
Pro Tip : Visit your local Joann store as soon as possible to take advantage of liquidation sales and use any remaining gift cards or coupons.
What Happens to Joann Fabric Gift Cards & Coupons?
If you have unused Joann gift cards or coupons, here’s what you need to know:
- Gift Cards : These will still be accepted until the final day of operation at each store. However, refunds for unused balances may not be available after the closures.
- Coupons : All active promotions and coupons will remain valid during the liquidation period. Be sure to redeem them before your local store closes.
Best Alternatives to Joann Fabrics After Closure
Don’t worry—there are plenty of alternatives where you can continue your crafting journey. Below, we break down the strengths of each alternative to help you make an informed choice:
Hobby Lobby
- Strengths : Known for its wide selection of fabrics, yarns, and crafting supplies. Offers frequent discounts and seasonal sales.
- Best For : Crafters looking for high-quality fabric by the yard and home decor items.
Michaels
- Strengths : A one-stop shop for arts, crafts, and DIY projects. Features an extensive range of products, including sewing essentials.
- Best For : Those who want a variety of crafting materials and tools under one roof.
Walmart
- Strengths : Affordable options for basic crafting materials. Conveniently located in most cities.
- Best For : Budget-conscious shoppers who need everyday crafting supplies.
Amazon & Etsy
- Strengths : Ideal for niche fabrics and unique crafting supplies. Fast shipping and competitive pricing.
- Best For : Shoppers looking for specialty items or custom-made materials.
FAQs – Everything You Need to Know
Is Joann Fabrics closing in 2025?
Yes, Joann Fabrics is closing approximately 500 stores nationwide due to bankruptcy and declining sales. This number is subject to change as the company continues its restructuring process.
Which Joann stores are closing?
Joann Fabrics will close locations in California, Florida, Michigan, New York , and other states.
Will Joann Fabrics go out of business?
Joann Fabrics has filed for bankruptcy but plans to keep some stores open. The company may restructure its operations to focus on profitable locations.
Are there liquidation sales happening?
Yes, many Joann stores are offering deep discounts on all items as part of their liquidation process. Don’t miss out!
What should I do with my Joann gift card?
Use your gift card before your local store closes. Refunds for unused balances may not be available after the closures.
Conclusion
While the closure of Joann Fabrics stores is undoubtedly a blow to the crafting community, there are still plenty of alternatives available. Whether you choose to shop at Hobby Lobby, Michaels, or explore the vast offerings of Amazon and Etsy, your crafting journey doesn’t have to end here. Keep an eye on the closure timeline and take advantage of liquidation sales to stock up on your favorite supplies before it’s too late
