Joann Fabrics Closes 500 Stores in 2025: Full List of Locations, State Breakdowns, and Bankruptcy Impact
Joann Fabrics 2025 Store Closures: Key Trends and State-by-State Breakdown
The craft and fabric retail giant Joann Fabrics (officially rebranded as Joann) announced plans to close 500 stores across 49 states in February 2025. This decision follows its second Chapter 11 bankruptcy filing in less than a year, reflecting broader challenges in the retail sector. Below, we analyze the closures, state-specific impacts, and what this means for customers and employees.
Why Is Joann Fabrics Closing Stores?
Joann’s financial struggles stem from:
- Declining consumer spending on discretionary items like crafts and fabrics.
- Overexpansion and high operational costs.
- Liquidity challenges, as noted in court filings.
The company filed for bankruptcy in January 2025, aiming to reduce debt and restructure. Closing 60% of its 800+ stores is part of its strategy to “right-size its footprint,” per court documents.
States Most Affected by Joann Store Closures
According to U.S. Bankruptcy Court filings, the closures span 49 states (Hawaii is unaffected). States with the highest number of closures include:
Michigan, for example, will lose 33 locations, including stores in Ann Arbor, Flint, and Detroit suburbs. Tennessee is closing 10 of its 13 stores, while Indiana shuts 20.
Full List of Joann Stores Closing in 2025
Joann has not publicly released a full list, but court documents detail:
- 533 closures (as of February 12, 2025).
- Stores were selected based on performance metrics and “strategic fit.”
To check if your local store is closing:
- Search USA TODAY’s closure database.
- Review state-specific lists (e.g., Michigan closures).
Impact on Employees and Customers
- Employees: Over 15,000 retail jobs are at risk. Joann has not clarified severance packages.
- Customers:
- Gift cards will no longer be accepted after court approval (expected by late February).
- Returns will be halted two weeks post-restructuring approval.
- Remaining stores and Joann.com will operate normally.
Broader Retail Trends in 2025
Joann joins retailers like Macy’s, Kohl’s, and Party City in scaling back. Coresight Research predicts 15,000+ U.S. store closures in 2025, doubling 2024’s numbers. Factors include:
- Shift to e-commerce.
- Reduced spending on non-essentials.
- Rising operational costs.
Related Closure Updates
- Long Island school closings and WNEP school closings are unrelated but reflect broader trends in institutional cutbacks.
- For real-time updates, visit News12 Long Island or KWCH.
Key Takeaways
- Joann Fabrics is closing 500+ stores to address bankruptcy.
- California, Florida, and Michigan are hardest hit.
- Customers should use gift cards ASAP and monitor local store status.
For official updates, visit Joann’s restructuring page or review court filings in the District of Delaware.
External Links
This article integrates verified data from court filings, news outlets, and industry analyses to ensure accuracy. For corrections or updates, refer to the linked sources.
