Fabric retailer Joann is going out of business and will close all remaining stores
Joann, the fabrics and crafts retailer, announced it will close all of its remaining stores, following roughly a year of financial turbulence. After filing for Chapter 11 bankruptcy last month for the second time in under a year, Joann is going out of business and will shut down all 800 of its stores nationwide.
Out of 800 storefronts, 500 JoAnn storefronts across the United States closed earlier this month due to bankruptcy.
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