Watch Joann Fabrics & Crafts to Close 500 Stores News Video

22 sec read

“Joann, the fabrics and crafts retailer, is closing more than half of its 800 stores in the coming months as it continues to navigate the bankruptcy process.

“Approximately 500 stores across the United States are closing, the retailer said in a statement to CNN, saying that “right-sizing our store footprint is a critical part of our efforts to ensure the best path forward.”

““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,” a Joann spokesperson said.”

Read more at CNN

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