Joann Fabrics is closing all stores nationwide after bankruptcy, impacting crafters and small businesses. Liquidation sales are imminent, prompting searches for alternative craft supply sources.


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Joann Stores Nationwide to Close: What Crafters Need to Know

In a surprising turn of events, Joann Fabrics, a beloved crafting staple for decades, is closing all of its stores nationwide. This follows a second bankruptcy filing within a year and a successful bid by a liquidator to acquire the company's assets. The news has left many crafters scrambling, as Joann's extensive selection of fabrics, supplies, and in-person expertise are irreplaceable for many small businesses and hobbyists.

The Closure Announcement and its Impact

The announcement, made on February 24th, shocked customers and employees alike. While initial reports suggested some stores might remain open, the subsequent sale of assets confirmed the closure of all Joann locations. This includes stores in every state, affecting thousands of employees and countless crafters who relied on the retailer for essential materials and inspiration. The loss is particularly acute for those who depend on in-person shopping to assess fabric quality and texture—something difficult to replicate online.

Many crafters, including small business owners utilizing platforms like Etsy and Instagram, expressed concern over the impact this closure will have on their livelihoods and access to high-quality craft supplies. The closure of Joann signifies more than just the loss of a store; it's the loss of a vital resource that many had grown to depend on. This is also a symptom of a larger trend that is impacting many businesses that operate both online and offline.

What Happens Next?

While there’s no official closing date yet, liquidation sales are expected to begin soon at all locations. Shoppers can anticipate significant discounts, but it's crucial to act fast, as inventory will likely deplete quickly. The closure of Joann presents a significant challenge to the craft community, prompting many to explore alternative sources for their supplies.

Local Business News: Bellingham, WA

While the Joann's closure is national news, Bellingham, WA, experienced its own share of retail changes recently. The Narrative Coffee location in the Lettered Streets neighborhood closed, citing insufficient support. Conversely, the city is welcoming new businesses, including the specialty dessert shop Love from London and Little Stars Toy Store & Playhouse, which adds to Bellingham's dynamic retail landscape.

Other local changes include the merger of the Lynden Tribune and Ferndale Record newspapers due to economic pressures and the closure of a North Coast Credit Union branch to make way for affordable housing. Meanwhile, a new Wendy's opened at Salish Village, highlighting the continued development of commercial areas in Whatcom County.

Conclusion

The closure of all Joann Fabrics stores is a significant event with far-reaching consequences for the craft community. The immediate priority for crafters is to secure alternative supply sources and adjust to this abrupt change. As for the future of crafting, the challenge will be to find viable substitutes, including supporting independent fabric stores and exploring creative online resources. This shift highlights the need for adaptability in retail and the ever-changing landscape of commerce.

FAQ

Joann Fabrics has filed for bankruptcy and is closing all its stores nationwide. The exact reasons behind the bankruptcy are complex and involve various factors affecting the retail industry, including economic conditions and changing consumer behavior.

The exact dates for Joann Fabrics' liquidation sales will vary by location. It's best to check the Joann Fabrics website or your local store for specific dates and times. These sales are expected to start soon, so act quickly for the best deals.

Several online and brick-and-mortar stores offer similar craft supplies. Consider searching for local fabric stores, online retailers like Amazon or Etsy, or specialty stores focusing on specific crafting niches. Supporting local businesses is a great way to discover new favorites.

Many small businesses rely on Joann Fabrics for supplies. The closures could lead to supply chain disruptions and increased costs for some small businesses. It's crucial for crafters and small businesses to find reliable alternative suppliers promptly.

Currently, there are no plans for Joann Fabrics to reopen any of its stores. The bankruptcy filing suggests a permanent closure of all locations. It's important to consider the closure as final and plan for alternative suppliers accordingly.

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