Joann plans to close more than 500 stores, including these Texas locations
Joann Craft Store plans to close more than 500 retail locations, including 18 in Texas, after filing for Chapter 11 bankruptcy in January.
The Hudson, Ohio-based company has 800 stores across the U.S., including 43 in Texas.
This is the company’s second filing for Chapter 11 bankruptcy within a year; the first filing was in March 2024. Joann has reported between $1-$10 billion in debt, according to CBS News.
According to court filings from Joann, the company credits their losses to the high prices of shipping products overseas and a faltering customer base.
“This was a very difficult decision to make, given the major impact we know it will have on our Team Members, our customers and all of the communities we serve,” a spokesperson for Joann wrote in a Wednesday news release.
The court hearing to approve store closings will take place on Feb. 14. If approved, store closing sales will begin Feb. 15 and will continue until supplies run out.
Which stores is Joann planning to close in Texas?
Joann plans to close 18 of its 43 Texas stores. The two Joann Fort Worth locations at 1400 Green Oaks Road and 5212 S Hulen St. will remain open. Here is the full list of Texas closings:
Abilene: 3206 South Clack Drive
Arlington: 137 Merchants Row Ste 165
Austin: 9500 S IH 35 Frontage Rd
Dallas: 6330 E Mockingbird Ln
Denton: 2640 West University Dr
Houston: 15520 FM 529 Rd
Houston: 9960 Old Katy Rd
Houston: 290 Meyerland Plaza
Hurst: 1439 W Pipeline Rd
Katy: 1219 North Fry Road
Lewisville: 715 Hebron Parkway
Mesquite: 19105 Lyndon B Johnson Fwy
Midlothian: 2000 F.M. 663 St 500
Odessa: 6351 E. Hwy 191
Pharr: 500 N. Jackson Rd
Rockwall: 1049 E. I.H. 30
San Antonio: 3142 SE Military Drive Suite 126
Sherman: 4127 N Hwy 75
Both Fort Worth locations are open Monday through Saturday from 9 a.m. to 9 p.m. and Sunday from 10 a.m. to 6 p.m. View the full list of planned closures nationwide here.
What does this mean for Joann customers?
Not much will change for Joann customers.
The only thing to note is that right now the company is not accepting gift cards online. However, gift cards are still eligible to use in stores, including those that are planned to close.
Locations that close will only have inventory that is already on site listed at special prices. Online orders will continue to be fulfilled and shipped as normal. Joann will also continue to accept returns.
The bigger picture
Joann is not the only major retail company dealing with Chapter 11 bankruptcy.
In November 2024, Spirit Airlines filed for Chapter 11 bankruptcy. Then in December 2024, Party City and Container Store announced the same. Macy’s also filed for Chapter 11 this year.