Joann, the bankrupt fabrics retailer, is closing 500 of its 800 stores
- Joann expects to close approximately 500 stores nationwide as part of bankruptcy proceedings, according to CNN.
- The closures will affect stores in all 50 states, with California, Florida, Indiana, Michigan, New York, Pennsylvania, and Washington being the hardest hit.
- Joann previously filed for bankruptcy in March 2024 and emerged as a private company a month later, but filed for Chapter 11 bankruptcy again last month.
- A Joann spokesperson stated, '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.
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233 Articles
233 Articles
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Left
40
Center
103
Right
21
Coverage Details
Total News Sources233
Leaning Left40Leaning Right21Center103Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 24%
C 63%
13%
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