CHARITY
Feedthepoor
  • Home
  • Business
  • Charity
  • Finance
  • Health
  • Leadership
  • Personal Development
  • Success
No Result
View All Result
  • Home
  • Business
  • Charity
  • Finance
  • Health
  • Leadership
  • Personal Development
  • Success
No Result
View All Result
Feedthepoor
No Result
View All Result

JoAnn Fabric closing some stores, not going out of business

admin by admin
December 6, 2022
Home Business
Share on FacebookShare on Twitter


JOANN Fabric and Craft Stores is set to close only eight out of its more than 800 stores in the U.S. over the next several months.

Anyone who loves do-it-yourself projects and crafting has probably visited a JOANN Fabric and Craft Stores location.

The company has been around for nearly eight decades and has locations in almost every U.S. state. 

Some headlines from articles published online in late November 2022 suggest that JOANN is closing its physical stores, and online searches show people have wondered in recent weeks whether the company is going out of business.

VERIFY reader Kathy also asked if the popular crafting retailer is closing most of its stores. 

THE QUESTION

Is JOANN Fabric going out of business or closing most of its stores?

THE SOURCES

THE ANSWER

This is false.

No, JOANN Fabric isn’t going out of business or closing most of its stores. 

WHAT WE FOUND

JOANN “has no plans to close its physical stores,” despite “unfounded reports” that the company is doing so, Shauntina Lilly, the company’s public relations manager, told VERIFY in an email. 

A manager at a JOANN store in Spokane, Washington, also confirmed that the store isn’t going out of business and doesn’t have any plans to close.

The company is expected to close eight out of its more than 800 stores throughout the country over the next three months, and some team members who work at those closing stores may receive severance packages, Lilly added. 

“In alignment with standard brick and mortar business processes, JOANN closes stores occasionally while simultaneously investing in, and opening brand new stores to best meet the needs of our customers,” Lilly wrote in an email. 

JOANN has a page for future store openings on its website, but it doesn’t list any locations yet. 

A search of JOANN’s press release archives, Facebook page and Twitter account didn’t return any results about the company closing all its stores, either. 

In late November, JOANN Fabric did address the rumors of mass store closures via its official Twitter account. 

“Any store closures that we have planned are part of our normal business evaluation process,” the company wrote in a tweet on Nov. 28. “We are definitely not going out of business or having any mass store closures.”

VERIFY found news reports about two of the eight store closures planned in upcoming months. 

A JOANN location at the Meadowbrook Mall in Bridgeport, West Virginia, is slated to close on Jan. 22, 2023 after more than 30 years in business, according to local TV news station WDTV. A reason for the closure wasn’t provided. 

Another store in Marion, Ohio, will also close in mid-January, the Marion Star newspaper reported in late November.

The VERIFY team works to separate fact from fiction so that you can understand what is true and false. Please consider subscribing to our daily newsletter, text alerts and our YouTube channel. You can also follow us on Snapchat, Twitter, Instagram, Facebook and TikTok. Learn More »

Follow Us

Want something VERIFIED?


Text: 202-410-8808





Source link

Tags: businessclosingFabricJoAnnstores
admin

admin

Next Post
2022 is the worst flu season in two decades. See the rise in charts.

2022 is the worst flu season in two decades. See the rise in charts.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

With another loss to the Jets, Wild's lack of success vs. Central is concerning – The Athletic

With another loss to the Jets, Wild's lack of success vs. Central is concerning – The Athletic

February 21, 2024
Several Florida cities are among the best to start a business in 2024 – NBC Miami

Several Florida cities are among the best to start a business in 2024 – NBC Miami

May 18, 2024

Trending.

Inside the AI boom that's transforming how consultants work at McKinsey, BCG, and Deloitte – Business Insider

Inside the AI boom that's transforming how consultants work at McKinsey, BCG, and Deloitte – Business Insider

April 27, 2025
5 Ways For a Church Member to Leave a Church Well

5 Ways For a Church Member to Leave a Church Well

July 27, 2024
9 Strategies to Stop Chasing Happiness and Start Creating Happiness

9 Strategies to Stop Chasing Happiness and Start Creating Happiness

April 13, 2023
The Wondrous Birds of the Himalayas and the Forgotten Victorian Woman Whose Illustrations Rewilded the Western Imagination – The Marginalian

The Wondrous Birds of the Himalayas and the Forgotten Victorian Woman Whose Illustrations Rewilded the Western Imagination – The Marginalian

July 16, 2023
Elvis Presley – Responsibility – Character and Leadership

Elvis Presley – Responsibility – Character and Leadership

July 22, 2023

Worldfeedthepoorday

Categories

  • Business
  • Charity
  • Finance
  • Health
  • Leadership
  • Personal Development
  • Success

Newsletter

  • Privacy Policy
  • Contact Us

© 2022 All rights reserved by blog.worldfeedthepoorday.org

No Result
View All Result
  • Home
  • Business
  • Charity
  • Finance
  • Health
  • Leadership
  • Personal Development
  • Success

© 2022 All rights reserved by blog.worldfeedthepoorday.org