Joann is permanently closing all its remaining stores by May 31 — including 11 locations in New Jersey — and offering discounts of up to 90%.

Joann shuttered 255 locations in April, months after filing for Chapter 11 bankruptcy for the second time within a year. Since filing for bankruptcy, the company has held going-out-of-business sales at the locations.

Yarn and needle supplies, thread and fine art supplies are up to 70% off, the company's website states. Fabrics and craft supplies are between 70% and 90% off. Jewelry is between 80% and 90% off. Apparel and home decor trims are up to 90% off.

Joann Fabrics store basket

Stores are also selling furniture, shelves and equipment, the website says.

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There are 11 Joann stores in New Jersey:

Cherry Hill.
Colonia section of Woodbridge.
Deptford.
Lawrenceville.
Mays Landing.
Mount Laurel.
Paramus.
Riverdale.
Shrewsbury.
Succasunna section of Roxbury.
Toms River.

Previously, just the Deptford, Lawrenceville, Mays Landing, Mount Laurel, Succasunna and Toms River stores were slated to close as part of the bankruptcy procedure.

Is Joann accepting gift cards, other discounts?

Joann’s restructuring website says it is not accepting gift cards. Discounts for Girl Scouts, teachers, military members and health care workers are also paused. The company says returns are not being accepted at the closing stores.

Second bankruptcy process since early 2024

In January, Joann announced that it was declaring Chapter 11 bankruptcy for the second time within a two-year period as the beleaguered chain sought a buyer.

The chain saw its business boom during the COVID-19 pandemic, as Americans used the extra time amid stay-at-home orders and the extra money from stimulus payments to delve into crafts.

But the “number of people engaging in crafts has declined over the past few years,” and the company in turn “struggled to turn a profit and was in desperate need of recapitalization,” retail analyst Neil Saunders said last year.

Long list of chains that have closed or reduced footprints

The company joins a long list of brick-and-mortar stores that have recently shut down or drastically curtailed operations, including Stop & Shop, Big Lots, buybuy Baby, Family Dollar, Rite Aid, CVS, Bed Bath & Beyond and Christmas Tree Shops. Forever 21, which has 15 New Jersey stores, declared bankruptcy in April and announced plans to close all its stores.

This article contains material from USA Today.

Daniel Munoz covers business, consumer affairs, labor and the economy for NorthJersey.com and The Record.