Joann will permanently close all its retail locations as part of bankruptcy proceedings, joining the growing wave of nationwide store closures. The fabric and craft retailer previously planned to close 500 stores but has expanded to include all locations.

Gift Card Policy Changes

• Gift cards no longer accepted as of February 28, 2025
• State laws on gift card expiration superseded by bankruptcy proceedings
• Customers advised to check state regulations regarding gift card refunds

Liquidation Sales Details

• All locations now conducting going-out-of-business sales
• No returns or exchanges accepted
• All purchases are final
• Discounts available on remaining inventory

Industry Impact

• Joins other major closures including Tuesday Morning, Christmas Tree Shops, and Bed Bath & Beyond
• Reflects broader retail industry challenges
• Rising costs and online competition cited as key factors
• Analysts predict more retail closures throughout 2025

Customer Advisory

• Shop liquidation sales while inventory remains
• Use gift cards for other retailers promptly
• Check retailer financial status before purchasing new gift cards
• Monitor store closure announcements for preferred shopping locations

The closure timeline remains fluid, with liquidation sales continuing until all inventory is sold. Customers should plan accordingly and stay informed about specific location closure dates in their area.

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