What happened
The Houston-area stores will remain open until the majority of its retail is liquidated, according to a Joann spokesperson. They could not give an official closing date.
The company announced Feb. 23 that it was being sold due to its second bankruptcy filing in less than a year to the GA Group. Originally, 500 locations across the country were going to be shut down, but now all 800 locations will be closed.
"In connection with this agreement, subject to Bankruptcy Court approval of the transaction, the winning bidders plan to begin winding down the company's operations and conduct going-out-of-business sales at all store locations," Joann said in a statement.
The backstory
Joann, formerly Joann's Fabrics, had been open for more than 80 years. The store specialized in selling fabrics, yarn, needle arts, paper crafting, jewelry making and cake decorating.
Retailers also sold furniture, home decor, candles, sewing machines, sewing materials, and patterns for clothes and quilts.
Editor Gabby Bailey contributed to this report.
- Closing TBD
- 15520 FM 529, Houston; 1219 N. Fry Road, Katy; 9960 Old Katy Road, Houston; 290 Meyerland Plaza, Houston; 12918 Willow Chase Drive, Houston; 20424 Hwy. 59 N., Humble; 16626 Southwest Freeway, Sugar Land; 1529 W. Bay Area Blvd., Webster; and 25415 I-45, Spring
- www.joann.com
