Joann Fabric stores to close 10 of 13 Tennessee locations. Here's which ones and where
Several Joann Fabric stores in Tennessee are closing after the company asked a court to shutter about 500 stores across the country in the wake of a January bankruptcy filing.
The stores targeted for closure include 10 in Tennessee and were decided upon after "careful analysis of store performance," the company said.
There are 13 stores currently operating in the Volunteer State, according to records. Locations in Chattanooga, Madison and Murfreesboro were not listed among the closings. The chain has about 850 stores in 49 states, according to the company's website.
'This was a very difficult decision to make, given the major impact we know it will have on our Team Members, our customers and all of the communities we serve," the company said in a Wednesday statement. In addition to store performance, "future strategic fit for the Company determined which stores should remain operating as usual at this time. Right-sizing our store footprint is a critical part of our efforts to ensure the best path forward for JOANN.'
Clarksville: 2831 Wilma Rudolph Road
Jackson: 1185 Vann Drive
Johnson City: 108 Johnson City Plaza Drive
Kingsport: 1409 East Stone Drive
Knoxville: 4627 Greenway Drive
Germantown: 3150 Village Shops Drive
Franklin: 2000 Mallory Lane Suite 270
Mt. Juliet: 401 S Mount Juliet Road Suite 640
Sevierville: 208 Collier Drive
Tullahoma: 1600 Jackson St. Northgate Mall
Joann Fabric stores' decision to close locations comes in the wake of chains Big Lots, Part Central and Bargain Hunt announcing store closures.
Last March, the company filed for Chapter 11 bankruptcy protection. After finishing the bankruptcy process, then-CEO Scott Sekella said about 95% of the operating 815 stores turned a profit.
The company, during that process, went private, meaning stocks were no longer traded.
It filed for bankruptcy a second time in January with a handful of stores closed after the announcement as part of the company's routine evaluation process, not its major closing plan.
Reporters Bonnie Bolden, Patrick Williams, Mary Walrath-Holdridge, Emily DeLetter and Jonathan Limehouse contributed to this story.
Reach reporter Craig Shoup by email at cshoup@gannett.com and on X @Craig_Shoup. To support his work, sign up for a digital subscription to www.tennessean.com.
This article originally appeared on Nashville Tennessean: Joann Fabric to close 10 of 13 Tennessee stores. Here's where
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