Sunday 23rd February 2025

JoAnn Fabrics Files For Bankruptcy, Area Stores To Close

joann

JoAnn Fabrics has announced the closure of 500 stores across the country, including 30 in Pennsylvania.  Among the 30 closing in the Commonwealth are stores in Altoona, State College, DuBois, and Johnstown.  The company says the closures are necessary as it goes through the bankruptcy process.  The company blames the bankruptcy filing on what they call severe and unexpected inventory issues.

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