Joann, the beloved fabrics, arts, and crafts retailer, is finally shutting its doors for good after a long, slow goodbye. While many of its 800 stores have already been shuttered since the company ...

After rolling out going-out-of-business sales at approximately 500 stores, including ten in Tennessee, all Joann locations are set to close following the fabric and craft retailer's auction to a new ...

Craft retail chain The Michaels Companies said on Thursday that it has acquired the beloved fabrics retailer Joann, which recently winded down operations and closed all of its stores after a second ...

Michaels has acquired Joann’s intellectual property and private labels as its own customers’ interest in sewing grows, the company said Thursday. Michaels did not acquire any physical Joann locations ...

(CNN) – Michaels is jumping into the void left by the collapse of Joann Fabrics. Michaels announced it is buying the fabric retailer’s private label and drastically expanding its sewing selection.

The void left by the closing of all Joann’s fabric stores may soon be filled by another nationwide craft store. Michaels announced this week that it has acquired the intellectual property and private ...