Joann’s future is doubtful

The winning bidder of the bankruptcy auction was a partnership of Great American Group and some of the lenders. They bought the assets of Joann with the intent of liquidation rather keeping it as a going concern. The bankruptcy court will approve/disapprove of the sale on February 26th. This means all 800+ stores will most likely close on or before May 31, 2025. FYI, Great American is the same group that liquidated Hancock Fabrics almost 10 years ago.

The Hancock’s closures didn’t bother me as much as the closure of Joann does. I have a personal history with Joann. Cloth World, the fabric store I grew up with, was bought by Joann in 1994. Shortly after, I helped reset one of the Gwinnett Cloth World stores to the new Joann format. As we moved around the country with hubby’s job, finding the local Joann store in our new town was the same priority as finding the nearest library. I am a librarian, after all.

With the closing of Joann, crafters have lost a major option in where to buy supplies. In some areas, Joann is the only fabric/craft store for miles around. Even in markets served by Amazon, Hobby Lobby, Michael’s and Wal-Mart, some crafters refuse to shop any and all of these stores for various reasons. Besides, Joann is open on Sundays and allows Sadie to shop with me. The teacher discount and sales meant this teacher could afford to do craft projects with her students without breaking the bank.

Practical me has been surveying my fabric and notion stash to see if there’s anything I need to stock up on should I find a great price during the closing sales. Honestly, I don’t need a thing at the moment. Should I need more Pellon SF-101 interfacing for a t-shirt quilt currently in the queue, I have other ways to get it. Hobby Lobby usually runs a 40% off fabric promotion every 2-3 weeks. Today, I learned that interfacing by the yard is included in that promotion. Bonus? Hobby Lobby is much closer to home, too!

Fortunately, we still have options to source materials our creative endeavors. It’ll be an adjustment to figure out where’s the best place to get certain things from now on, but I’ll survive. Something will eventually come to the marketplace to fill the void left by the closure of Joann stores.

Photo by Photo By: Kaboompics.com on Pexels.com

Your last chance to redeem Joann gift cards

Joann has a big hearing on Friday morning (2/14/25) at 9:30 a.m. in bankruptcy court to finalize store closing procedures, which will include not accepting gift cards after a certain date. There’s usually a 14 day notice until a retail shop in bankruptcy stops accepting gift cards as payment. If I read the pleadings correctly, Joann is requesting the 14 day window to start ticking as of the date of the signed order. My best guesstimate is that you’d better redeem any gift cards you find by the end of February or you”ll be out of luck because the gift cards will be rendered worthless at the end of said 14 day period. Check with a Joann staff member before loading up your cart if you plan to redeem gift cards.

Photo by RDNE Stock project on Pexels.com

Joann’s has posted a rather large list of stores it plans to close. According to the list, we’ll have two stores left in the Atlanta area by the time all is said and done – Kennesaw and Decatur. The powers-that-be appear to be leaving some other Georgia stores open, too – namely Augusta, Columbus, Gainesville & Savannah. When I looked at locations around the SE, it seems that one location will remain open in most larger cities or locations where the single store may draw from a wide geographic area. For example, I did not see the Pensacola, FL or Panama City, FL locations on the closure list, although the store in Ft. Walton Beach, FL – located between the two stores – is on the closure list. It appears someone gave some thought as to which stores to actually close, rather than going strictly based off numbers. Thank you.

The two remaining Atlanta locations are about the same distance from me, so Sadie gets to keep shopping at Joann. Folks who live farther out will still have options – online shopping plus brick & mortar at Wal-Mart, Hobby Lobby, Michaels or a local quilt/fabric shop. All is not lost. We’ll just have to find new ways to get our fabric and inspiration fix.

Scour your desk drawers, junk drawers, old purses, tote bags and car cubbies for any unused Joann cards. Check your balance here, make your list and get shopping! Your best bets are likely to be fabric, interfacing, batting, some notions, yarn and storage containers.

Projects made from my fabric stash

Stitchin’ Heaven New Year’s Day QAL Blocks 1 & 2 made from fabrics in my patriotic bin
Curvy, lined zipper pouch for class sample. Pattern drafted by me using Boxed Bag template by Carolina Moore.
Placemats using Mini Yellow Brick Road pattern (basting outside at the library during Sew Day)

What do you do with leftovers from previous quilt projects?
How about using them in new projects? It doesn’t have to be an entire quilt.
1. Make mug rugs, pot holders, placemats, table runners, journal covers, pillow covers or zipper pouches.
2. Use the larger leftover bits make quilt sandwiches for FMQ practice.
3. Use some of the smaller leftover bits to make a practice blocks to try out new patterns before cutting into your project fabric.

How to store your scrap and leftover fabrics?
Your system can be as decorative and elaborate as you wish. Personally, I prefer simple. I keep small bits and partial strips in a pretty basket. Random 5″ and 10″ squares are kept with my charm packs and layer cakes. Cut strips that are WOF are stored with my jelly rolls. Larger chunks are stored by color with FQs and yardage. Novelty, dog and patriotic theme fabrics are kept separately.

Periodically, I will go through my scrap bin and cut the leftover jagged pieces into 2-1/2″, 3-1/2″ and 4-1/2″ squares. The smallest size kept is 1-1/2″ strips and I’ll cut 1-1/2″ squares from them as needed because they tend to get lost in the scrap bin.

With the current Bonnie Hunter Winter Mystery quilt, I’ve made good use of random charm squares, forgotten FQs, white/cream hunks leftover from previous quilt tops, and turning all the leftover triangles from trimming stitch & flip units into 1-3/4″ HSTs.

The key to managing your fabric scraps is to organize them, then actually use them.