
Joann Fabrics and Crafts is closing all its remaining Wisconsin stores
All Joann Fabrics and Craft stores in Wisconsin are now set to close as the chain winds down operations nationwide, less than two weeks after it announced the shuttering of 16 locations across the state.
The craft supplies chain had initially announced the closure of 500 of its 850 locations across the U.S. on Feb. 12, after declaring bankruptcy in mid-January. The retailer first filed for bankruptcy in March 2024.
On Sunday, however, all company assets were acquired by GA Group and Joann's term lenders, according to a news release. Pending bankruptcy court approval, the new owners plan to "begin winding down the Company's operations and conduct going-out-of-business sales at all store locations," the release said.
More: Joann plans to close 16 Wisconsin stores, a change from what the retailer said in January
Here's what to know:
There are 23 Joann locations in Wisconsin, according to its store locator.
Appleton: 720 N. Casaloma Drive
Beaver Dam: 1645 N. Spring St.
Brookfield: 16800 W. Bluemound Road
Cudahy: 5656 S. Packard Ave.
Eau Claire: 4045 Commonwealth Ave.
Green Bay: 2777 S. Oneida St.
Greenfield: 4950 S. 74th St.
Fond du Lac: 806 W. Johnson St.
Janesville: 2700 N. Pontiac Drive
Lake Geneva: 600 N. Edwards Blvd.
Madison: 2021 Zeier Road
Marinette: 2400 Roosevelt Road
Marshfield: 1919 N. Central Ave.
Menomonee Falls: N78 W14531 Appleton Ave.
Onalaska: 1220 Crossing Meadows Drive
Oshkosh: 1226 S. Koeller St.
Pewaukee: 2020 Silvernail Road
Plover: 1150 Meridian Drive
Racine: 2629 S. Green Bay Road
Sheboygan Falls: 4079 Highway 28
Watertown: 401 Bernard St.
Wausau: 226830 Rib Mountain Drive
Wisconsin Dells: 121 Commerce St.
Going-out-of-business sales began on Saturday, Feb. 15.
Customers can purchase discounted Joann items at its stores, on joann.com and on the Joann mobile app, according to joannrestructuring.com.
Claudia Levens contributed to this report.
More: Joann stores begin going-out-of-business sales. See affected locations in Wisconsin
More: These 6 retailers have recently announced closures. How many Wisconsin stores could be affected in 2025?
This article originally appeared on Milwaukee Journal Sentinel: Joann Fabrics is closing all its Wisconsin stores, company says

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 hours ago
- Yahoo
Michaels acquires Joann brands: What customers can expect
Michaels is hoping to sew up the business of fans who frequented the fabric and craft chain Joann, which has folded all of its stores after filing for bankruptcy. Michaels has acquired Joann's intellectual property and private label brands – including the Big Twist brands – the craft retailer announced Thursday, June 5. Michaels will expand its fabric, sewing, and yarn assortment by adding more than 600 products including Brother and Singer sewing machines, Oliso Smart Irons and needle crafting kits from DMC and Loops & Threads. "This acquisition allows us to better serve both new and existing customers, respond to rising demand across categories, and build on our momentum as the destination for creating and celebrating in North America," said Michaels CEO David Boone in a press release. Aldi: Grocery chain cuts its prices for the summer, up to 33% off 400+ items The Joann's acquisition meshes with Michaels' evolving consumer interests. Over the past year, more customers have been searching on for "fabric" and "sewing," according to the company's announcement. Recently, Michaels has increased the fabric assortment in more than 680 of its stores and plans to do so in 280 additional stores this year, the company said. This month, the retailer, which has more than 1,300 stores in 49 states and Canada, is also expanding its sewing growing: Michaels' yarn assortment – set to increase by 25% this year to meet shoppers' demands. Starting this month, Michaels will begin offering 60 new Loops & Threads yarns in stores and online. This summer, yarn collections from Bernat, Lion Brand and Red Heart will be available. Products from Joann brands such as Big Twist Value Plus, Big Twist Twinkle, Big Twist Posh and Big Twist Baby Bear will be available in-stores and online later this year, according to the company. Joann, which had operated about 800 stores, began closing them after filing for Chapter 11 bankruptcy in January 2025, its second bankruptcy filing in less than a year. Michaels, which began wooing Joann customers in early May, has also created a dedicated landing page for those shoppers to make it easier for them to find products and know the latest updates. "We're honored to have the opportunity to welcome Joann customers into our creative community and are committed to delivering the selection, value, and inspiration they are looking for at Michaels," Boone said in a statement. Mike Snider is a reporter on USA TODAY's Trending team. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day This article originally appeared on USA TODAY: Michaels buys Joann's IP and brands, expands in fabric, yarn, sewing Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Miami Herald
21 hours ago
- Miami Herald
Beloved Mexican restaurant chain closes locations without warning
You may have noticed that 2025 has been chock-full of news about bankruptcies and store closures, some affecting chains that many can't believe are gone. While it's easy to blame these events on President Donald's Trump's tariffs, as they've been the big topic of the economy ever since they were announced in April, that's not the case for the most part, as many of the folded businesses have been under duress for some time. Don't miss the move: Subscribe to TheStreet's free daily newsletter CVS is one of the affected businesses, reducing its footprint with as many as 270 underperforming locations scheduled to close this year. Related: Major drugstore chain closing 270 stores despite new store plans The pharmacy chain's plan is to replace these locations with smaller ones that are about 5,000 square feet or less - but only a dozen are planned, which means many areas will simply lose access to their local CVS. Another anchor retailer to wink out of existence this year was Joann, a legacy shop for crafters that had been around since 1943. But after filing for Chapter 11 bankruptcy once in 2024 and then a second time in January 2025, Joann was forced to close all its retail locations. While the Joann stores are gone as we knew them, they will take on a new life within Michaels, which acquired the Joann IP and brands as of June 5, 2025. Now another customer favorite business is shutting its doors, but unlike CVS and Joann, it did so without warning, not even telling employees what was happening. Taco Mac, an Atlanta-based sports bar chain that started in 1979 and has been a local favorite for decades, recently closed its Peachtree Street location in Midtown. There's nothing particularly unusual about a restaurant chain closing a location - except this one failed to let its employees know they didn't have jobs anymore. More Retail: Huge retail chain closing more stores soon (locations revealed)Struggling drugstore chain announces second bankruptcyBeloved discount grocery chain has massive US plans Employee Brandon Jovan Stephens told Fox5 in an interview that he learned about his work closing on social media and went to the restaurant to find a letter on the door that said it was permanently closed. "I worked over the weekend, Saturday and Sunday," Stephens said. "Nobody told us anything." Related: Major retailer scores huge benefit from Joann bankruptcy Just a few weeks ago, Taco Mac shut down its original location in Atlanta's Virginia-Highland neighborhood. This one was formally announced by the company, which said the closure was an evolution of a long-term strategy. The statement also said team members impacted by the closure had been offered positions at a nearby Taco Mac restaurant. In 2023, the Taco Mac location on West Ponce de Leon in Decatur also closed after 22 years in business. The letter posted at the Midtown locations addressed the chain's loyal customers, saying, "Serving this community has been an incredible honor. We've cherished every moment – from cheering on our local sports teams together to celebrating your special milestones. These memories will always be a meaningful part of our journey." The chain operated 28 locations across three states prior to these closures. TheStreet has reached out to Taco Mac to learn more. In the Atlanta subreddit, previous Taco Mac patrons talked about what may have brought the chain down after such a successful run. "If anyone has eaten there in the last 10 years they understand why. Private equity killed a great restaurant brand," said Reddit user rco8786. "In my early 20s I was a regular. My name's on a plaque in the Midtown location. I stocked my kitchen with glasses exclusively from their Thursday glass giveaways. Watched untold numbers of Georgia Tech and Braves games. Made friends with servers (that I am still friends with today!). Sad to see how bad it got." User swiftfoot_hiker echoed a similar sentiment, saying, "Taco Mac was great [when] it was a small chain, but once they expanded and was sold to the PE firm, things really went downhill. The original owners had a good thing." Related: Popular Mexican chain closing all restaurants, no bankruptcy The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.


New York Post
3 days ago
- New York Post
Craft giant Michaels buys Joann's intellectual property, fan-favorite labels
NEW YORK — Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels. The Michaels Companies announced on Thursday that it had completed its purchase of Joann's intellectual property and private label brands — in an acquisition that arrives as the Texas-based arts and crafting chain works to expand its own fabric, sewing and yarn offerings. 'We're honored to have the opportunity to welcome JOANN customers into our creative community and are committed to delivering the selection, value, and inspiration they are looking for at Michaels,' Michaels CEO David Boone said in a statement. Advertisement Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home. Christopher Sadowski The deal, he added, allows the company to better 'respond to rising demand' among both new and existing customers. Financial terms of the acquisition were not disclosed. The Associated Press reached out to Michaels for further information on Friday. Advertisement With roots dating back to a single Ohio storefront in 1943, Joann had grown into a destination for generations of sewers, quilters, knitters and lovers of other crafts for more than 80 years. But more recently, operational challenges continued to pile up — with the retailer pointing to sluggish consumer demand, inventory shortages and rising competition. Joann announced it would be going out of business back in February, just one month after filing for Chapter 11 bankruptcy protection for the second time within a year. Advertisement The Michaels Companies announced on Thursday that it had completed its purchase of Joann's intellectual property and private label brands. NurPhoto via Getty Images At the time, the company said financial services company GA Group, together with Joann's term lenders, had been selected as the winning bidder to 'acquire substantially all of Joann's assets' and conduct going-out-of-business sales at all store locations. Michaels on Thursday said that its purchase of Joann's IP and private brands included the acquisition of 'Big Twist' yarns, which had become a staple in Joann stores over the years. Those 'Big Twist' labels are now being developed as part of Michaels' portfolio — and will be available in-stores and online later this year, the company said. Advertisement In the meantime, Michaels has also dedicated a landing page to welcome former Joann customers online. And as part of its overall expansion into fabrics, Michaels said on Thursday that its adding more than 600 new products from new and existing brands — including quilting supplies and fabrics, specialty threads, sewing machines and more. Michaels, founded in 1973, currently operates 1,300 stores across 49 U.S. states and Canada. Its parent company also owns Artistree, a framing merchandise manufacturer.