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The Latest Breaking News from JOANN

Store closures lead to massive 274% spike in retail layoffs in first half of 2025

Macy’s, Joann and CVS are among the major retailers announcing widespread store closures and job losses as the U.S. economy struggles

The Independent UK

Michaels completes acquisition of Joann's intellectual property and fan-favorite labels

Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels

The Independent UK

Michaels (literally) owns Joann fabrics after craft store buys bankrupt store’s property and brands

Michaels plans to expand its fabric, sewing, and yarn offerings by introducing over 600 new items

The Independent UK

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Michaels craft store advertising shows no mercy for Joann closures

Joann, formerly known as Jo-Ann Fabrics, is in the midst of closing all of its 800 stores in 49 states

The Independent UK

How staffing cuts hurried the demise of crafting powerhouse Joann Fabrics

Cost-cutting decisions in a customer-facing industry helped drive customers away.

Fortune

How Joann Fabrics went from a cult-favorite retail darling to a bankruptcy disaster

Generational spending shifts, a leveraged buyout, and a post-pandemic whiff have all contributed to the death of a beloved American institution.

Fortune

Joann’s customers furious over sudden gift card cutoff date ahead of store closures

More bad news for fabric and craft shoppers

The Independent UK

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Say it ain't sew: Joann to close stores

The Ohio-based company filed for bankruptcy in January

Salon

Joann To Close All 800 Stores After Failing To Find Buyer

Joann's stores, website, and mobile app will remain open while the company conducts its going-out-of-business sales. Customers can continue to purchase their favorite products during this time.

International Business Times

Craft retailer to close all 800 stores after 80 years

The company filed for Chapter 11 bankruptcy protection in January, citing sluggish consumer demand and inventory shortages

The Independent UK

Joann Fabric Stores Are Now Permanently Closed – And Michaels Wants to Win Over Its Customers

All Joann’s stores have officially closed, but some of its most beloved brands are moving to Michaels. Here’s what shoppers need to know.

Kiplinger

Joann Fabrics Closing Over 500 Stores Nationwide After the Second Bankruptcy Filing Within a Year

Fabrics retailer Joann is closing over 500 of its 800 US stores as management filed for bankruptcy for the second time and looks to sell the company to a potential suitor.

International Business Times UK

Joann, Fabric And Craft Retailer, Aims To Shut 500 Of Its Stores Across US, DIYers Baffled

The fabric and craft retailer Joann plans to close 500 of its stores across the whole country, as company endures hard times. The post Joann, Fabric And Craft Retailer, Aims To Shut 500 Of Its Stores Across US, DIYers Baffled first appeared on Bored Panda.

Bored Panda

Bankrupt Joann Will Close 500 Fabric Stores In US. Here's When Going-Out-Of-Business Sales Begin

Nearly a year after filing for bankruptcy, fabric and retailer store, Joann is shutting down around 500 stores nationwide.

International Business Times

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Bored Panda

50 Epic Pumpkins That Won Halloween (New Pics)

Halloween is coming up, which means that we will finally be able to enjoy pumpkins in forms other than just lattes. The post 50 Epic Pumpkins That Won Halloween (New Pics) first appeared on Bored Panda.

WEKU

The arts and crafts giant Joann files for bankruptcy, but stores will remain open

Joann expects to receive $132 million in new financing as part of the bankruptcy agreement. The Ohio-based company will also be delisted from the Nasdaq stock exchange.

Homes & Gardens

Christmas is coming, but you can still save big on the best holiday ornaments

You can score deep discounts on holiday ornaments when you shop the sales at Anthropologie, Pottery Barn, and more

Barchart

3 At-Risk Retail Stocks That Could Follow in WeWork's Footsteps

WeWork just filed for bankruptcy as it continued to post massive losses. Will these three loss-making retail stocks also go under?

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For August 31, 2022

Upgrades

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 29, 2022

Upgrades

The Independent UK

Biden under fire for ‘tone-deaf’ shipping speech after saying CFO ‘dropped dead’

Twitter users criticise Biden for his choice of words to condole the death of CFO of Jo-Ann Stores

Benzinga

The 'Sticky' Challenges Driving This Joann Analyst's Downgrade

Joann Inc. (NASDAQ: JOAN) reported disappointing results and its first-quarter print indicated that some challenges are likely to be “sticky,” according to BofA Securities.

Benzinga

Expert Ratings for JOANN

JOANN (NASDAQ:JOAN) has observed the following analyst ratings within the last quarter:

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 3, 2022

Benzinga

Earnings Preview: JOANN

JOANN (NASDAQ:JOAN) is set to give its latest quarterly earnings report on Thursday, 2022-06-02. Here's what investors need to know before the announcement. Analysts estimate that JOANN will report an earnings per share (EPS) of $0.07.

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