@cbsmornings: Fabric and crafts retailer Joann announced Wednesday it will be closing about 500 stores nationwide, almost a year after filing for bankruptcy. The Hudson, Ohio-based company, which operates more than 800 stores, declared bankruptcy in March 2024. In court documents, the retailer blamed higher costs from shipping overseas products, as well as waning consumer demand. In January, the company began Chapter 11 proceedings to start a sale process. #crafts #crafttok
CBS Mornings
Region: US
Thursday 13 February 2025 15:47:53 GMT
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Roni :
They’re literally closing all the stores near me and I don’t have the money to go out and buy more fabric for future projects 😭😭
2025-02-13 16:00:24
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Kammi Eacker :
Doing crafts is the only way some people feel comfortable, happy, and at peace- when they’re creating. Losing your supplies is actually devastating. Ordering online isn’t the same at all.
2025-02-13 18:14:20
169
cats :
The inventory issue was they didn't hire anybody to put the inventory out on the floor so all sat in the back Now they have three aisles of christmas clearance .
2025-02-13 19:08:05
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Luvstalking :
All the ones around me are closing down I can’t believe I’m stuck with hobby lobby and Micheal’s
2025-02-16 05:36:47
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Samantha Dawson :
give it a couple of weeks I'm spending at least $500 on yarn
2025-02-13 18:53:59
44
LeighTheDisneyGirl :
All my locations are closing 😢
2025-02-13 22:26:40
39
Michelle Henders8555 :
🙈😭 I ❤️Joann Fabrics. it's my favorite craft store. 🥺😭
2025-02-13 17:06:35
57
Hattisyn :
ugh. so sad
2025-02-13 18:55:19
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LifeRx :
People are literally having to spend all they make on essentials. Food and shelter, that's it.I make $80,000 yr but with my student loans, housing and food, I've got maybe a $100 left over month end.
2025-02-13 16:29:05
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Yvette :
Noooooooooooo
2025-02-13 20:32:16
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erin d :
Same
2025-02-14 02:59:56
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☺️ :
NOOOO
2025-02-15 08:45:08
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Rebecca333 :
So sad
2025-02-13 19:18:28
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melbezzy :
All in my area 🥺😩☹️
2025-02-13 20:30:45
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Mikelitfella :
Not Joanna Gert 😭😭
2025-02-13 21:53:35
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scooter Pi :
So so sad 😞
2025-02-13 19:39:44
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Tangry :
We already lost our store in Frankfort, Kentucky:/
2025-02-14 01:23:21
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ItsJustMe :
I miss Rag Shop!
2025-02-13 22:39:02
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Lady Mama Bear :
What I hear you saying is that I am probably driving distances to 2 maybe 3 possible closing stores with huge discounts?
2025-02-15 04:21:22
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Leanne :
I’m so sad when I seen this
2025-02-14 02:56:15
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ughlea12345 :
Oh no! That’s more than 500 more than I have ever visited!
2025-02-13 23:43:47
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Her Name is Alexis 💋 :
2 in my city are staying open whew
2025-02-14 14:33:50
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Ally Berg :
And I’ve still never been to one 😭 I only have Michael’s
2025-02-18 01:08:36
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SuperSecretUser :
Please not the one near me, please not the one near me 😣
2025-02-13 23:21:01
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765329855555 :
I miss the old Walmart fabric departments. Walmart used to have a large selection at prices that put Joann to shame. Now I don’t even look at what Walmart has.
2025-02-15 14:14:51
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