Major Retailer Closing All Stores Including Several In New Jersey

Originally, this major retailer planned to close 500 of its 800 stores across the country, but now just days later, they've decided to shut down all of them, including several stores in New Jersey, according to reports.

Get our free mobile app

Read More: Plans Approved To Replace The Vacant Kmart Building In Ocean County, New Jersey

Here are the New Jersey locations:

- Deptford

- Lawrenceville

- Mays Landing

- Mount Laurel

- Succasunna section of Roxbury

- Toms River

- Cherry Hill

- Colonia section of Woodbridge

- Paramus

- Riverdale

- Shrewsbury

I've always been a big fan of this store.

It's always been my go-to place for projects.

I'm sad to see it go.

Seeing a big decline in business after the pandemic, one of the largest arts and crafts stores nationwide, opening back in the 1940s and currently operating in 49 states, has decided to close.

Joann Fabrics Has Decided to Close ALL Stores

According to the Courier Post, Joann Fabris filed for bankruptcy for a second time this month and sold all of its assets to GA Group.

"The winning bidder, GA Joann Retail Partnership, is a partnership between financial services company GA Group and Joann’s term lenders, that will now oversee the complete liquidation of its assets."

View this post on Instagram

A post shared by JOANN Fabric and Craft Stores (@joann_stores)

View this post on Instagram

A post shared by JOANN Fabric and Craft Stores (@joann_stores)

I'm hearing stores will remain open until May.

The Courier Post reports:

JOANN leadership, our Board, advisors and legal partners made every possible effort to pursue a more favorable outcome that would keep the company in business," a Joann spokesperson said in a statement. "We are committed to working constructively with the winning bidder to ensure an orderly wind-down of operations that minimizes the impact on all our stakeholders. We deeply appreciate our dedicated Team Members, our customers and communities across the nation for their unwavering support for more than 80 years.