Joann Fabrics Closing 2024. Joann — one of the nation’s largest sellers of fabrics and craft supplies — will emerge from its bankruptcy proceeding with its more than 800 u.s. Joann inc, the national fabric and craft story chain based in hudson, announced thursday it is already emerging from bankruptcy just more than a month after filing chapter 11.
The company’s chapter 11 case was filed in the u.s. Joann, long a destination for sewing and crafts enthusiasts, filed for bankruptcy monday as consumers continue to scale back on nonessentials and online competition intensifies.
