Joann Fabrics has kept its stores open amid shutdowns, saying it is an essential business. In a letter sent to employees on March 21 and obtained by Business Insider, Joann CEO Wade Miquelon wrote ...

HUDSON, Ohio — Joann Inc. laid off an undisclosed number of employees at the corporate headquarters in Hudson on Wednesday in what it says is an attempt to restructure its business amid a ...

Though Joann’s stock once traded as high as $17 a share, it was down below $0.25 on Monday morning. In September 2023, Joann laid off numerous employees and cut staffing at its Ohio headquarters.

Crafts retailer Joann Inc. will close all of its 800 stores, including the ones in Maryland. According to the Associated Press, the closures were announced Sunday after the financial services firm ...

Joann is far from the only retailer in its death throes these days. Recent data shows that the number of retail-store closures is expected to double during 2025, to roughly 15,000 from the 7,300 ...

Update: Joann confirms layoffs but won’t say how many employees were let go The company’s net sales declined by 8.3% in fiscal year 2023, which ended on Jan. 28, to $2.2 billion, according to ...

CINCINNATI (WKRC) - Joann, the store known for its litany of fabrics and crafts, filed bankruptcy in the middle of the night for the second time in a year. The company announced on Wednesday that ...

Joann is going out of business, with the more than 80-year-old fabric and crafts retailer set to close all of its stores nationwide after filing for Chapter 11 bankruptcy protection for a second time.

(For many years, the company went by Jo-Ann Stores.) By 1963, Joann had 18 locations. In 1969, the fabric chain went public. ... fabric often must be measured by employees at a cutting counter.

Thank you to JoAnn Fabrics team as store closes. May 10, 2025 May 10 , 2025 ... see what I think — and there’s an employee discount to help compensate for the low hourly wages in our ...