February 24, 2025 - 20:47
Joann, a well-known craft and fabric retailer, is taking significant steps to close all of its stores across the United States. Currently operating approximately 800 locations in 49 states, the company has made the difficult decision to exit the brick-and-mortar retail space entirely. This move comes as part of a broader strategy to adapt to changing consumer behaviors and the increasing shift towards online shopping.
The decision to close all stores is expected to impact thousands of employees and loyal customers who have relied on Joann for their crafting needs. The company plans to liquidate its inventory and provide support for affected workers during this transition period.
As Joann makes this significant shift, it aims to focus on enhancing its online presence and improving its e-commerce platform. The closure of physical locations marks a pivotal moment for the brand, as it seeks to navigate the evolving landscape of retail in a post-pandemic world.
