Joann Fabric Stores Closing in Colorado: 6 Locations Shutting Down
Joann, a fabric and crafts retailer, announces the closure of six Colorado stores amid a move to shut down 500 stores nationwide due to financial difficulties post-Chapter 11 bankruptcy. Factors include rising costs and changing consumer behaviors. The closures align with a broader trend of traditional retailers struggling against online shopping, with Joann planning going-out-of-business sales in affected locations while aiming to support employees and communities.
https://www.nbnw.org/news/joann-fabric-stores-closing-in-colorado-6-locations-shutting-down
