Joann, a well-known fabric and crafts retailer, will close one-third of its stores by the end of April and all remaining locations by May, following its second bankruptcy filing in 11 months. A total of 255 stores will shut down this month, with over 500 closures announced by the end of May, impacting communities and employees significantly. The Hudson, Ohio-based chain, which has operated for over 80 years and once had more than 800 locations nationwide, continues to struggle amid broader retail challenges.
