Update February 28, 2025: Joann is officially done for. The winning bidder in its Chapter 22 bankruptcy case was liquidator Great American with term lenders, beating out stalking horse bidder Gordon Brothers, and the bankruptcy court approved the sale. All Joann stores are now conducting going-out-of-business sales, with most closing by the end of May. Much love to all the Joann employees riding out these last few months.
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