Customers of the beloved store, the go-to place for millions of craft newcomers and veterans alike, will not see many outward changes to Joann. The company has more than $2.44 billion in total debts.

Jo-Ann Fabric and Craft Stores was founded in 1943 as a single retail store. It is now the nation's largest fabric and craft retailer with more than 850 stores in 49 states.

BURLINGTON – JoAnn Fabric and Crafts at 3200 Agency St., will close its doors permanently in January, according to the Burlington store’s manager. From Dec. 1 to its Jan. 19 final closing, the shop ...

“Joann is committed to giving our customers the assortment, value and experience they want, whether shopping in one of our 800 stores, via our convenient mobile app or on joann.com. We can’t ...