Joann, one of America’s most iconic arts and crafts chains, is officially going out of business, by closing all stores. After more than 80 years in retail, the company will close all of its remaining U.S. stores by May 31, 2025.
Once home to over 800 locations across the country, Joann had already shuttered hundreds of stores following its second Chapter 11 bankruptcy filing in January. Now, the final wave of closures is here, bringing an end to the brand’s decades-long run as a crafting staple.
A spokesperson for GA Group, the retail liquidator that acquired Joann’s assets in February, confirmed that roughly 440 locations still operating will be permanently closed in just a few days. That comes after the company shut down over 250 stores last month.
For shoppers, the silver lining is steep discounts. Going-out-of-business sales are currently offering 70% to 90% off fabric, supplies, and even store fixtures like furniture and shelving. But once inventory is gone, it’s gone for good.
Founded in 1943, Joann grew into a one-stop destination for sewists, quilters, crocheters, and crafters nationwide. For generations, it was the place to feel and compare fabrics in person, something many say can’t be replaced online.
“I don’t think I’m liking this new world,” said one longtime customer, expressing frustration at having to shift to e-commerce for craft needs. Others echoed that the hands-on experience of shopping at Joann simply can’t be replicated with clicks and returns.
Joann’s first bankruptcy in 2024 allowed it to cut $500 million in debt and go private. But supply chain issues, low foot traffic, and a changing retail landscape continued to hit hard. Without a buyer willing to invest in a turnaround, the company was forced to liquidate fully earlier this year.
While Joann’s exit leaves a major gap in the crafting community, it also signals a broader trend. Traditional retailers across sectors, from department stores to pharmacies, are struggling to stay afloat in a post-COVID, digital-first shopping world. Macy’s, Rite Aid, and other big brands are also downsizing or filing for bankruptcy in 2025.
For now, if Joann has been your go-to for yarn, batting, or tools, check your nearest location immediately. Many stores are selling out quickly as liquidation winds down. After May 31, every U.S. Joann location will be closed permanently.
This isn’t just the end of a retailer, it’s the end of an era for millions of crafters across the country.
