Joann Fabrics Shocking Closure: All 800 Stores Shutting Down – What It Means for Crafters!

In a devastating blow to the crafting community, Joann Fabrics, the beloved fabric and craft supply retailer, has announced it will be closing all 800 of its stores nationwide. This news comes just a month after the company filed for bankruptcy for the second time, leaving thousands of loyal customers in disbelief.

For over 80 years, Joann Fabrics has been a go-to destination for crafters, DIY enthusiasts, and small business owners. Now, with its impending shutdown, many are left wondering where they will turn for their essential supplies.

What Went Wrong?

Despite its long-standing reputation, Joann Fabrics has struggled to compete with big-box retailers and online giants like Amazon. Slowing foot traffic, rising operational costs, and economic challenges pushed the company into financial turmoil, leading to this drastic decision.

What Happens Next?

Liquidation sales are expected to begin immediately, with deep discounts on fabric, yarn, and craft essentials. However, shoppers need to act fast—once inventory runs out, that's it! Additionally, gift cards will only be accepted until February 28, 2025, and returns will no longer be processed.

Crafters React: “This Is a Huge Loss”

The news has sent shockwaves through the crafting community. Many longtime customers took to social media to express their sadness and frustration.

"Joann’s was my happy place. I can’t believe they’re closing ALL the stores," one customer lamented.

Another added, “I’ve been shopping here for years. Where am I supposed to get quality fabric now?”

What Are the Alternatives?

With Joann Fabrics exiting the market, crafters may need to look elsewhere. Local fabric shops, online retailers like Etsy and Fabric.com, and big-name competitors such as Michaels and Hobby Lobby may see an influx of new customers.

Final Thoughts

Joann Fabrics' closure marks the end of an era, leaving a void in the crafting world. Whether you're a longtime customer or a casual shopper, now is the time to take advantage of clearance deals before the doors shut for good.

Are you sad to see Joann’s go? What are your alternative craft supply stores? Let us know in the comments!