Jo-Ann Stores announced it will shut down its stores around the United States. Find out the reason behind the abrupt closure.
Joann's roots date back to 1943, with a single storefront in Cleveland, Ohio. And the retailer later grew into a national chain. Formerly known as Jo-Ann Fabric and Craft Stores, the company rebranded itself with the shortened “Joann” name for its 75th anniversary.
Joann Fabrics announced financial trouble is forcing them to close hundreds of locations nationwide, including nearly all of the stores in Southeast Wisconsin.
Fabric and crafts retailer Joan is closing all of its remaining stores after failing to find a buyer that would keep them open.