JoAnn Fabrics to close six Iowa stores, including Iowa City, amid latest bankruptcy filing

[QChawks]

IOWA CITY, Iowa — JoAnn Fabrics filed paperwork Wednesday for its latest bankruptcy claim.

The filings show hundreds of stores will shut down.

Six store locations in Iowa will be closed:

• Ames
• Ankeny
• Iowa City
• Muscatine
• Mason City
• Council Bluffs

According to Newsweek, the arts and crafts store initially filed for bankruptcy in March 2024.

The retailer also had $1.2 billion in long-term debt as of December 2023, according to earnings reports.

 

[Tenacious E]

IOWA CITY, Iowa — JoAnn Fabrics filed paperwork Wednesday for its latest bankruptcy claim.

The filings show hundreds of stores will shut down.

Six store locations in Iowa will be closed:

• Ames
• Ankeny
• Iowa City
• Muscatine
• Mason City
• Council Bluffs

According to Newsweek, the arts and crafts store initially filed for bankruptcy in March 2024.

The retailer also had $1.2 billion in long-term debt as of December 2023, according to earnings reports.

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If Joann Fabrics can't make it ankeny, where in the hell would it possibly be successful?

 

[sabula]

If Joann Fabrics can't make it ankeny, where in the hell would it possibly be successful?

Where are scruffy, rico, and here 4 a day going to get their satin fabrics to sew and stitch now? They must be just sooo upset...

 

[Tenacious E]

Where are scruffy, rico, and here 4 a day going to get their satin fabrics to sew and stitch now? They must be just sooo upset...

Are they from ankeny? Having lived here 20 years, it is full of arts and crafts moms and such. Seems like their wheelhouse.

 

[seminole97]

 

[LuciousBDragon]

IOWA CITY, Iowa — JoAnn Fabrics filed paperwork Wednesday for its latest bankruptcy claim.

The filings show hundreds of stores will shut down.

Six store locations in Iowa will be closed:

• Ames
• Ankeny
• Iowa City
• Muscatine
• Mason City
• Council Bluffs

According to Newsweek, the arts and crafts store initially filed for bankruptcy in March 2024.

The retailer also had $1.2 billion in long-term debt as of December 2023, according to earnings reports.

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More Americans need to learn cross-stitch yo