Joann, the fabric and craft retailer, has announced full store closures following a bankruptcy auction. While no specific closure date is provided, the winning bidders plan to conduct going-out-of-business sales once approved. Initial liquidation discounts are at least 20%, with some items heavily discounted. Gift cards are valid until Feb. 28, but coupons are not being honored. Online shopping continues through Joann.com, though all sales are final, and merchandise returns are not allowed, creating challenges for customers during this transition.
The chain will shut down completely following a bankruptcy auction, with no specific closure dates for stores announced, leaving employees and customers in uncertainty.
During the first weekend of the liquidation process, discounts were at 20% or more, while some seasonal items reached up to 60%, attracting shoppers.
While gift cards were accepted in stores until Feb. 28, all sales are final and merchandise returns were not permitted as part of the liquidation policy.
Despite the shutdown, Joann's website remains operational with promotional discounts available, but no in-store pickup for online orders.
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