Fabric and craft retailer Joann shut its doors for good in February 2025 after filing for Chapter 11 bankruptcy twice within a year. By the end of May 2025, Joann closed approximately 800 stores in ...

The Michaels Companies announced on Thursday that it had completed its purchase of Joann's intellectual property and private label brands — in an acquisition that arrives as the Texas-based arts and ...

I come from a family of Russian-Ukrainian tailors, notion peddlers plus a milliner or two and I am fairly certain my ancestors would hold me at least partially responsible for the bankruptcy filing of ...

Joann and Party City are living on through a former competitor – Michaels. The arts and crafts retailer has announced the debut of two new in-store concepts: The Knit & Sew Shop and The Party Shop.

MILFORD — On a quiet afternoon, shoppers at fabric and craft store Joann unspooled fabrics and picked out the perfect colors of threads and buttons, filling their carts with everything they need to ...

Michaels has purchased the intellectual property and private label brands of Joann, including Big Twist, after the latter closed all stores due to bankruptcy. Michaels will expand its offerings with ...