Welcome to my store closing blog
It seems like just yesterday they were transforming an old grocery store space into a Kohl’s/JOANN Fabric and Crafts. (It was 2023.)
But now the JOANN is extra bankrupt and going out of business, which is a pity — it has/had a fantastic selection of fabric and notions.
We are facing a deficit of notions.
Reports say it was declining sales and mounting debt, but most stores were profitable so it was most likely a private equity problem.