JOANN Fabrics and Crafts files for bankruptcy, leading to closure of …

February 12, 2025

According to the official court document, the parent company, JOANN Inc. is trying to sell its assets and has identified some stores that aren’t performing well. These stores will be closed to cut costs and speed up the process of selling off assets.

https://www.montanarightnow.com/butte/joann-fabrics-and-crafts-files-for-bankruptcy-leading-to-closure-of-two-montana-locations/article_ace482da-e99a-11ef-94c7-7748c69ed788.html

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