Joann to close fabric stores in Kent, Renton and Federal Way
8 Articles
8 Articles

Joann to close fabric stores in Kent, Renton and Federal Way
Part of nationwide closure of more than 500 stores after filing for bankruptcy
Craft chain Joann to shutter most locations amid financial woes - Conservative Journal Review
Joann, a well-known craft and fabric retailer, has made the difficult decision to shutter approximately 500 of its locations across the United States as it struggles with declining sales and market share. The decision comes alongside Joann's second filing for Chapter 11 bankruptcy in less than a year, setting the stage for store closings and a court-supervised sale process aimed at maximizing its business value, as NPR reports. Significant Retai…
Roundup: Valentine’s spending / Joann Fabric / State unemployment
Love is in the air: Americans shopping for their significant others are expected to spend $14.6 billion this year for Valentine’s Day, according to the latest annual survey by the National Retail Federation and Prosper Insights & Analytics. That is up from $14.2 billion in 2024. Read more from CNBC. Store closures: Bankrupt crafts and fabric retailer Joann Inc. is set to begin closing stores after obtaining court approval on Friday. Judge Craig…
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