
JoAnn Fabrics Shutting Down Stores All Across Texas
Another retailer plans to shut the doors to more than half of their stores this year.
With $1 billion in debt, 2 bankruptcies, and a massive amount of closures across the country, JoAnn Fabrics is doing everything to keep it's company alive. Out of its nearly 850 stores, JoAnn Fabrics is going forward with eliminating 500 of them.
Michael Prendergast, interim CEO of Joann, said in January:
“The last several years have presented significant and lasting challenges in the retail environment, which, coupled with our current financial position and constrained inventory levels, forced us to take this step."
Stores all across the country will be closing, including many in Texas, which has 43 stores in the state. The most recent numbers reveal 18 Texas stores that will be closing down.
18 TEXAS JOANN FABRICS STORE CLOSURES
Abilene:
- 3206 South Clack Drive
Arlington:
- 137 Merchants Row Ste 165
Austin:
- 9500 S IH 35 Frontage Rd
Dallas:
- 6330 E Mockingbird Ln
Denton:
- 2640 West University Dr
Hurst:
- 1439 W Pipeline Rd
Houston:
- 15520 Fm 529 Rd
- 9960 Old Katy Rd
- 290 Meyerland Plaza
Katy:
- 1219 North Fry Road
Lewisville:
- 715 Hebron Parkway
Mesquite:
- 19105 Lyndon B Johnson Fwy
Midlothian:
- 2000 F.M. 663 St 500
Odessa:
- 6351 E. Hwy 191
Pharr:
- 500 N. Jackson Rd
Rockwall:
- 1049 E. I.H. 30
San Antonio:
- 3142 SE Military Drive Suite 126
Sherman:
- 4127 N Hwy 75
JoAnn Fabrics is just one of the many popular stores that have strategically decided to shut down many of its stores. Check out a list of mega-popular retailers that have shut down recently.
MASSIVE LIST OF RETAILERS CLOSING THEIR DOORS IN 2024
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Gallery Credit: Amazon
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