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JOANN in Dublin is poised for imminent closure, amid the craft company’s second bankruptcy and its intent to shutter about 500 locations nationwide, the company announced this week.
Also included in the proposed shutdowns are all East Bay JOANNs including those in Concord, San Leandro and El Cerrito.
These stores and all others on the chopping block were found to be underperforming or unfit for the future strategy of JOANN, according to a Feb. 12 statement from the company.
A final court hearing to approve the closures is scheduled for Friday morning.
JOANN representatives did not comment on the last day of operations in Dublin.
Meanwhile, its retail stores and its online space remain open and team members are continuing to receive pay and benefits, according to the company website.
“This was a very difficult decision to make, given the major impact we know it will have on our Team Members, our customers and all of the communities we serve,” officials with the company said in a statement. “Right-sizing our store footprint is a critical part of our efforts to ensure the best path forward for JOANN.”
Despite having 800-plus JOANN locations across 49 states as of January, the retailer has been experiencing a lengthy rough-patch.
The company first filed for bankruptcy in 2024 and continued to experience challenges in the retail environment, according to its website.
That year, JOANN closed its Livermore location.
JOANN’s current financial position and its constrained inventory levels forced the company to file for bankruptcy a second time on Jan. 15 of this year. The voluntary Chapter 11 process with the U.S. Bankruptcy Court for the District of Delaware is intended to facilitate sale of the company while maximizing its value.
On Wednesday, JOANN requested authority from the court to begin closing about 500 locations across the U.S.
The hearing to approve the motion is scheduled for Friday morning, according to the JOANN website.
If the motion is approved by the court, JOANN expects going-out-of-business sales to begin at impacted stores on Saturday, Feb. 15, according to the JOANN website. The sales could continue for several months as they work to clear out inventory.
