Sad news for crafters! Joann Fabrics, a store where people buy materials for making things, is closing all its stores. This happened after the company had trouble selling enough products and faced shortages. It's the second time they've had to close down in a short time.
- Joann Fabrics is going out of business.
- They'll close all their stores after a recent sale.
- The company had trouble selling things and didn't have enough items in stock.
- This is the second time they've filed for bankruptcy.
| Fact | Details |
|---|---|
| Number of Stores Closing | All stores (over 500) |
| Reason for Closing | Low sales and supply issues |
| Timeline | Store closures will happen over several weeks. |
