In an unexpected move, Joann, one of the largest fabric and craft retailers in the United States, has announced the closure of all its retail outlets nationwide. This follows a bankruptcy auction and marks a significant shift in the crafting and retail landscape. After over 80 years of service, Joann is closing its doors for good—at least, in terms of brick-and-mortar stores. With the closure of all its locations, shoppers are left to navigate the aftermath of this decision. What does this mean for the future of crafting and retail stores?
In this article, we will explore the circumstances surrounding Joann’s closures, the impact on consumers, and provide insights into the state of the craft and fabric retail industry. By breaking down this major change in a digestible way, we will provide valuable information to help you understand what led to this moment and what comes next.
Joann Shuts Down All Retail Outlets After Bankruptcy Auction
| Key Information | Details |
|---|---|
| Company | Joann Fabrics & Crafts |
| Total Store Closures | All retail outlets across the U.S. |
| Reason for Closure | Bankruptcy Auction and Declining Consumer Demand |
| Date of Announcement | February 2025 |
| Gift Cards Validity | Expiring after February 28, 2025 |
| Online Store Status | Remains operational |
| Estimated Number of Employees Impacted | Over 20,000 employees |
| Official Website | Joann |
Joann’s closure marks a significant shift in the retail and crafting world. As one of the largest fabric and craft retailers in the United States, its departure leaves a gap in the market that other stores and online platforms will likely try to fill. While this may feel like the end of an era for many loyal Joann customers, it also signals an opportunity for smaller retailers and online services to step in and meet the needs of crafty consumers. Whether you choose to shop at other stores or find new online sources, the crafting community will continue to thrive—even without Joann’s physical presence.
The Rise and Fall of Joann
Joann, founded in 1943, has long been a trusted name in the crafting community. Known for offering a wide range of fabrics, sewing supplies, and crafting materials, it became the go-to destination for DIY enthusiasts, home sewers, and those looking to indulge their creative passions. However, over the past several years, the company has faced a series of challenges, from changing consumer behavior to supply chain disruptions.
In recent months, Joann filed for Chapter 11 bankruptcy protection for the second time in less than a year. This move allowed the company to reorganize its finances and attempt to turn its fortunes around. Unfortunately, despite efforts to stay afloat, Joann couldn’t overcome mounting debt and declining customer demand, leading to the decision to close all retail outlets.
What Led to Joann’s Bankruptcy?
Joann’s bankruptcy can be attributed to several key factors that have impacted many brick-and-mortar retailers in recent years. Some of the most important reasons include:
- Declining Foot Traffic: Like many other traditional retailers, Joann struggled with the shift toward online shopping. Customers increasingly prefer the convenience of shopping from home rather than visiting physical stores, particularly during and after the COVID-19 pandemic.
- Rising Operational Costs: Joann’s large physical footprint, combined with rising labor and real estate costs, made it challenging to maintain profitability. Store closures and downsizing had been a long time coming, but the bankruptcy auction finalized the decision.
- Supply Chain Issues: As with many industries, Joann faced ongoing supply chain disruptions that affected its ability to keep shelves stocked. With fewer options in-store, customers were less likely to make purchases, further eroding the company’s revenue stream.
- Shifts in Consumer Behavior: In addition to online shopping, many consumers turned to smaller, specialized stores or large retail chains like Walmart and Target, which offered lower prices and broader product selections, further squeezing Joann’s market share.
The Fallout: What Happens to Joann Employees and Customers?
With the closure of all Joann stores, more than 20,000 employees are expected to be affected. While Joann has assured employees that it will provide severance packages and other support, many will face job insecurity.
For customers, this means a complete shift in where to purchase crafting supplies. With no brick-and-mortar locations left, online shopping will likely dominate the fabric and craft market moving forward. Joann’s online store will continue to operate, but customers must act quickly, as gift cards will no longer be valid after February 28, 2025. Additionally, personalized discounts and returns will be paused as part of the wind-down process.
What Does This Mean for the Crafting Industry?
Joann’s closure is a significant moment for the crafting industry. The store has long been a go-to destination for fabric enthusiasts, quilters, hobbyists, and DIYers. Its absence will leave a noticeable void, especially in communities where Joann was one of the few accessible options for quality crafting supplies.
However, the closure of Joann’s stores doesn’t necessarily signal the end of crafting. Other retailers, such as Michael’s, Hobby Lobby, and smaller local shops, may see an increase in customers who are looking for alternatives. The shift toward online shopping also means that companies such as Amazon, Etsy, and specialty fabric suppliers may capitalize on Joann’s exit from the physical retail market.
For customers who rely on Joann for specialty fabric or seasonal craft supplies, it’s important to begin exploring other online sources. Many retailers offer similar products, with some even providing free shipping options or price matching guarantees.
How to Adapt: A Practical Guide to Shopping Post-Joann
For those who relied on Joann for their craft supplies, adapting to this new retail landscape can feel daunting. But there are ways to adjust and continue your crafting journey with ease.
1. Explore New Retailers
If you loved Joann, consider exploring these similar stores:
- Michael’s: Known for a variety of craft supplies, including fabric, home décor, and seasonal products.
- Hobby Lobby: Offers similar crafting materials, including seasonal décor, scrapbooking items, and floral supplies.
2. Shop Online
While Joann’s brick-and-mortar stores are closing, there are plenty of online options for craft supplies. In addition to Joann’s online store, websites such as Amazon, Etsy, Fabric.com, and Sewing Parts Online offer excellent selections for fabric, sewing patterns, and crafting materials.
3. Look for Discounts and Sales
Many online stores, including Amazon and Michael’s, offer promotions, sales, and discounts on a regular basis. Sign up for newsletters or follow social media accounts to stay updated on any special offers.
4. Support Local Craft Shops
Shopping at local fabric and craft shops is a great way to continue supporting the crafting community. Many local stores will offer personalized service and unique items that larger retailers may not have. Plus, you’ll be helping small businesses thrive in your area.
5. Consider Subscription Boxes
Subscription boxes for crafting supplies can be a fun way to discover new materials each month. Services like Sewing Box or Craftsy deliver curated supplies to your doorstep, helping you stay inspired and well-stocked without stepping into a store.
FAQs
1. Will Joann’s online store still be available after the closures?
Yes, Joann’s online store will continue to operate even after the closure of its retail outlets. However, certain services such as personalized discounts and returns will be paused.
2. What happens to my Joann gift cards?
Joann gift cards will no longer be valid after February 28, 2025. It’s advised to use your gift cards before this date to avoid losing their value.
3. What will happen to Joann employees?
Joann has promised to provide severance packages and support to its affected employees. The exact number of layoffs has not been disclosed, but over 20,000 people could be impacted by the closures.
4. Can I still find Joann products in other stores?
While Joann’s physical stores are closing, other craft retailers like Michael’s and Hobby Lobby, as well as online marketplaces, may carry similar products.
5. Is it the end of crafting as we know it?
No! The crafting community remains strong, and with alternatives like online stores, local shops, and even crafting subscription boxes, you can continue your creative projects. The crafting world will evolve, but it won’t disappear.
