Joann to close all stores, including 41 in Michigan

Joann plans to close all of its 800 stores across the country.
Joann initially planned to close 500 stores, including 33 in Michigan.

All Joann Fabric’s stores and crafts will begin to start business sales after the company has been sold, awaiting the approval of the bankruptcy court, Joann said in an online statement on Monday.

“Leadership Joann, our Board, our legal advisers and partners made every possible attempt to attend a more favorable result that would keep the company in business. We are committed to working constructively with the winning bidder to provide a smell of smell Regular of operations that minimize impact on all stakeholders, “the company announced the sale pending bankruptcy at GA Gro.

The company, which said it has operated for more than 80 years, had previously announced the closure of 500 shops across the country, including 33 in Michigan, after entering a second bankruptcy. The entrenched retailer first appeared for bankruptcy in March 2024 after securing about $ 132 million in new funding to put $ 1 billion in his debt.

A series of shops closes followed before the company again submitted for Chapter 11 of bankruptcy in January with the intention of “facilitating a sale process to maximize its business value”.

The chain now says it will develop business sales in all 41 stores in Michigan and about 800 stores across the country, according to the company.

In addition to shops already expected to close, Monday’s announcement affects eight stores projected to remain open: Grand Rapids, Lansing Township, Livonia, Mount Pleasant, Portage, Travelse City and White Lake.

Here’s what to know.

What is going on in Joann?

Joann will close and keep business sales in all stores nationwide, including Michigan, the company said. While the company sails its second bankruptcy, Ga Group is set to take over its assets.

“After a comprehensive process of sale and auction, Ga Group along with the pre-pecinary loan agent, has been selected as the winning bidder to substantially win all Joann’s assets. In connection with this Agreement, subject to approval The transaction bankruptcy court, the winning bidders plan to start flooding company operations and conducting business sales in all stores, ”it is said in the statement.

The statement did not make it clear when sales would start or end. The company said people can still buy online while finishing business.

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Where are Joann Stoles in Michigan?

Joann had 41 shops in 40 cities in Michigan; 33 previously announced would close:

Ann Arbor: 2897 Oak Valley Drive
Ypsilanti: 3737 Carpenter Street
Battle Creek: 5420 Beckley Road, Suite M
Essexville: 2950 Center Ave.
Grosse Pointe: 18850 Mack Ave.
Fort Gratiot: 4405 24th Ave.
Canton: 44740 Ford Road
Madison Heights: 32065 John R Road
Bloomfield Hills: 4107 Telegraph Street
LaPaer: 1865 W. Genesee St.
Township Shelby: 14367 Hall Road
Novi: 43570 W. OAKS drive B-3
Roseville: 20550 E. 13 Mile Road
Taylor: 23877 Eureka Street
Auburn Hills: 600 Brown Street
Brighton: 8449 W Grand River Ave.
Rochester Hills: 2105 S. Rochester Road
Allen Park: 23125 Drive Outer
Chesterfield: 50809 Drive Waterside
Burton: 4190 of Court St. Step. 101
Flint: G3603 Miller Street
Grandville: 3323 Century Center St. SW
Holland: 12635 Felch St. Step. 60
Jackson: 1099 N. Wisner St.
LANSING: 533 Court of goods
Norton Shores: 5663 Harvey St.
Benton Harbor: 1800 m-139 AA unit
Adrian: 2576 S. Main St.
Midland: 1910 N. Saginaw Road
Alpena: 2686 SUS 23
Petoskey: 1608 Anderson Street
Rapids Big: 1250 W. Perry Ave.
Comstock Park: 3900 Alpine Ave. Nw ste. All over
Saginaw: 2920 Titabawasse Road
Grand Rapids: 3665 28th St. that
Lansing – Lansing Township: 3750 W. Saginaw St.
Livonia: 13489 Middlebel Street
Mount Pleasant: 4208 E. Bluegrass Road Ste. A
Portage: 6151 S Westnedge Ave.
Traverse City: 724 Munson Ave.
White Lake: 9052 Highland Road

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