Joan, a fabric and craft store that has become ubiquitous throughout the US, is about to close more than half of its locations, with Florida among the most intense states.
According to the list, Joan, a retailer posted on the restructuring website, has closed 500 of its 800 locations, of which 36 are in Sunshine State. (California is losing even more, with 61 stores on the list.) It leaves 12 Joans left in Florida.
The struggling retailer filed for bankruptcy after securing about $132 million in new funding in March 2024, heading towards $1 billion in debt. The company had floated, choosing to become private. However, in January, the rash of store closures continued before the company filed for Chapter 11 bankruptcy again, “helping the sales process to maximize the value of its business.”
“This was a very difficult decision given the huge impact that it will have on the team members, our customers, and all the communities we serve,” Joan said in a statement to USA Today on Wednesday. “Store performance and strategic and appropriate analysis of future strategically determined which stores should continue to operate normally at this point.”
When will the Joan store be closed?
On Wednesday, Joanne filed a motion seeking court authorities closing around 500 stores.
“If the claim is approved by the court, sales will begin on Saturday, February 15th,” Joanne spokesman Amanda Hayes told TCPALM.com. Shifts from store to store. ”
Which Joanne’s store will be closing in Florida?
According to Joann’s reorganization website, the following locations will be closed:
Altamonte Springs: 924 W State Road 436 Ste 1450 Boynton Beach: 1632 S Federal Hwydytona Beach: 2400 W International SPDWY BLVDDUNEDIN: 2343 CURLEW ROADESTERO: 8072 MEDITERRAEN DRIVEFORT MYERS: 4610 S CLEVELAND AEVELAND WALDAT Argyle Forest Blvd Ste 11kissimmee: 4801 Wirlo Bronson Memorial Hwylady Lake : 540 N US HWY 441Lakeland: 4241 US Highway 98 Nmargate: 3340 NW 62nd Avemiami: 8257 W Flagler ST10875 Caribbean Blvd7701 sitOcala: 2405 SW 27th Aveorlando: 3562 E Colonial DR825 N Alafaya Trail 32828Pembroke Pines: 11251 Pines Blvdplantation: 801 South University Dr Suite 75pompano Beach: 1131 S Federal Hwyport Richey: i Trlspring Hill: 4387 Commercial Waytampa: 6234 Commerce Palms Blvd12635 Citrus Plaza Drvenice: 4143 Tamiami Trl S Bay 20vero Beach: 5921 20th St. Unit Bwellington: 1862 940 S STATE ROAD 7WEST PALM BEARM Road 200
How many Joan stores will Florida remain?
Of the 47 locations in the state currently listed on Joan’s website, only 12 were named on the reorganization list: Jensen Beach, one of two locations: Brandon, Destin, Gainesville and Jacksonville. , Panama City, Pensacola, Tabalasi, Tavaras, University Park, West Melbourne, Winter Haven
Mary Walrath-Holdridge of USA Today contributed to this story.
(This story has been updated with new information.)
