All Brands Owned by Joann Inc.

Is Joann still in business?
Yes, Joann continues to operate, but the company is undergoing significant restructuring following its second Chapter 11 bankruptcy filing in January 2025. GA Group acquired substantially all of JOANN's assets, with the bankruptcy plan confirmed on July 10, 2025. More than half of approximately 850 stores are scheduled for closure, with going-out-of-business sales at closing locations.

Is Joann publicly traded?
No, Joann is no longer publicly traded. The company went private after its first Chapter 11 bankruptcy in March 2024. It was previously listed on NASDAQ under the ticker symbol JOAN from its IPO in March 2021 until the first bankruptcy. Following the second bankruptcy in January 2025, GA Group acquired substantially all of JOANN's assets.

Can I still shop online at Joann?
JOANN.com and the Joann mobile app remain available for browsing, but purchases must be made in-store at closing locations during going-out-of-business sales. This restriction has been in place since the second bankruptcy filing in January 2025.

How many Joann stores are closing?
Joann plans to close more than half of its approximately 850 stores. In Washington state alone, 21 of 30 locations are scheduled for closure. Going-out-of-business sales are being conducted at all closing locations.

Who owns Joann now?
GA Group, a financial services firm, was selected as the winning bidder to acquire substantially all of JOANN's assets. The bankruptcy plan was confirmed on July 10, 2025, with an effective date of July 16, 2025. The Chapter 11 case (Case No. 25-10068 (CTG)) remains open as of October 10, 2025.

When was Joann founded?
Joann was founded in 1943 in Cleveland, Ohio, originally as a single fabric shop. The company has grown over 80-plus years to become one of the largest fabric and craft supplies retailers in the United States.