JOANN’s last day is April 29
KYLE MURPHYStaff Writer
The final day Tullahoma residents will be able to visit JOANN Fabric and Craft store before it goes out of business will be later this month on April 29.
The fabric and craft store has experienced a turbulent 2025 when the company first announced in January that it would be filing for Chapter 11 bankruptcy for the second time in a year. JOANN officials shared at the time that the company was going to close approximately 500 of its 800 stores as part of its plan to facilitate a sale process “to maximize the value of its business.” At the time of the filing, the company was seeking the court’s approval to commence a process for the sale of substantially all of its assets, under Section 363 of the U.S. Bankruptcy Code pursuant, where Gordon Brothers Retail Partners, LLC (“Gordon Brothers”) would serve as the “stalking horse” bidder. Per the filing at the time, the proposed transaction was subjected to higher and better offers, among other conditions.
The remaining assets were put up for auction, and retail liquidator GA Group was selected as the winning bidder of the auction. GA Group would announce that it would be closing all 800 stores.
“Following a comprehensive sale process and auction, GA Group, together with the Prepetition Term Loan Agent, has been selected as the winning bidder to acquire substantially all of JOANN’s assets,” a spokesperson for JOANN said in a statement. “In connection with this agreement, subject to Bankruptcy Court approval of the transaction, the winning bidders plan to begin winding down the company’s operations and conduct going-out-of-business sales at all store locations.”
Scott Carpenter, CEO of GA Group’s Retail Solutions and Wholesale & Industrial Solutions teams, said in a statement that most closing stores will remain open until the end of May. For the Tullahoma location, it will close its doors after April 29 according to store representatives.
According to a statement on JOANN.com, purchases on the website have been disabled as of March 5. The statement added there were no other authorized JOANN shopping websites and asked customers to visit their local store for their crafting needs.
“JOANN leadership, our board, advisors and legal partners made every possible effort to pursue a more favorable outcome that would keep the company in business,” the JOANN spokesperson said. “We are committed to working constructively with the winning bidder to ensure an orderly wind-down of operations that minimizes the impact on all our stakeholders. We deeply appreciate our dedicated Team Members, our customers and communities across the nation for their unwavering support for more than 80 years.”
JOANN at Northgate Mall in Tullahoma was originally one of the 10 Tennessee locations that made the store closure list of the 500 stores nationwide. JOANN Fabrics and Crafts first opened its doors at Northgate Mall in May 2014, occupying a portion of the former Dillard’s that sat vacant for a few years prior.
