Bankrupt arts and crafts retailer Joann is closing about 500 of its 800 stores, the company announced Wednesday. The big picture: The retailer is pursuing a bankruptcy sale of its assets but has determined that many of its locations won’t attract a buyer, its lawyers said Wednesday in a court filing.
https://www.axios.com/2025/02/12/joann-fabrics-closing-stores-2025-bankruptcy

