Joann Fabrics Stores Closing List Released Check the Full Details

As part of its bankruptcy restructuring, fabric and craft shop Joann has said it will close about 500 stores across the country. The move comes almost a year after the Hudson, Ohio-based company filed for bankruptcy in March 2024, saying that rising costs and falling customer demand were hurting its finances. The Joann Fabrics stores closing plan is part of a broader effort to stabilize the company’s operations and improve profitability.

Joann’s Bankruptcy and Restructuring Plan

Joann, which has more than 800 shops in the U.S., has been having a hard time making ends meet because it costs more to bring goods in from other countries. Sales have also gone down because of changing customer tastes and less spending on extras.

The business first planned to keep its stores open. But by January 2025, it had filed for Chapter 11 bankruptcy so that it would be easy to sell. In a statement about the Joann Fabrics stores closing, Joann said that these steps are necessary to make sure the company will last.

“After carefully considering all the possible strategic paths to deal with our ongoing industry, economic, and financial problems, JOANN and its financial stakeholders decided that starting a court-supervised sale process is the best way to get the most money for the business.” Right-sizing our store footprint is a critical part of our efforts to ensure the best path forward for JOANN.”

When Will Joann Stores Close?

Joann has filed a motion with the bankruptcy court seeking approval for the store closures. A hearing is set for Friday, February 14, 2025, to decide on the motion.If the court agrees, the company plans to start going-out-of-business sales at the targeted stores on February 15 and keep going for a few months.

What This Means for Joann Customers and Employees

The closing of 500 shops will have a big effect on both shoppers and workers. For loyal Joann shoppers, having fewer stores may mean that they can’t get as many making materials. However, online sales and the stores that are still open will still be open.

At the same time, workers at shops that are impacted are unsure because they could be laid off as the company reduces its size. Joann hasn’t said anything about layoff payments or helping workers find new jobs yet.

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Joann Fabrics Stores Closing List

Joann has released a preliminary list of store locations set to close. Below are some of the affected stores in key states:

New Jersey

• 66 Centerton Road, Mount Laurel
• 1120 Hurffville Road, Deptford
• 3371 Brunswick Ave, Lawrenceville
• 3926 Festival At Hamilton, Mays Landing
• 2341 281-28 Rt 10E, Succasunna
• 1379 Hooper Avenue, Toms River

Connecticut

• 774 Queen St., Southington
• 2300 Dixwell Ave, Hamden
• 1405 Boston Post Road, Milford
• 39 South Main St, Torrington
• 117 Salem Turnpike, Norwich
• 143 Federal Rd, Brookfield
• 274 E Main St, Clinton
• 1440 Pleasant Valley Rd, Manchester
• 3105 Berlin Turnpike, Newington
• 136 Elm Street, Suite A, Enfield

New York

• 1530 County Route 64, Horseheads
• 1385 Ulster Ave, Kingston
• 580 Old Country Rd, Westbury
• 735 W Montauk Hwy, West Babylon
• 965 Central Park Ave, Scarsdale
• 318 E Fairmount Ave Rm 106, Lakewood
• 162 Clinton St #2, Cortland
• 4908 State Hwy 30 Ste #8, Amsterdam
• 19 Clifton Country Rd, Clifton Park
• 1440 Central Ave Ste 2, Albany
• 2429 Military Rd, Niagara Falls
• 1551 Niagara Falls Blvd, Amherst
• 3540 McKinley Pkwy, Blasdell
• 4101 Transit Road Ste 1, Williamsville

Future of Joann Fabrics

Despite Joann Fabrics stores closing in several locations, the company remains committed to restructuring in a way that allows the company to continue serving customers through its remaining stores and online presence.

The store has said it will focus on improving its e-commerce platform, streamlining its operations, and keeping a strong position in areas where demand is still high.

The closing of these stores is a big change for the brand, but customers can expect sales at the stores that are closing as the product is sold off. People who shop at Joann for their creating needs should check the company’s website and public statements to stay up to date.

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End Note

Joann’s has decided to close 500 stores because it needs to restructure because it’s having money problems. The company wants to make its business plan more stable in the long run by lowering the size of its stores.

Customers and workers are both waiting for more information about what will happen to one of the most famous fabric and craft stores in the country as the bankruptcy process continues.