JoAnn Fabrics announced the closure of 500 stores nationwide, including multiple locations in southern Wisconsin, as the company navigates bankruptcy proceedings for the second time in a year. The retailer cited severe and unexpected inventory issues as the reason for the latest filing. A total of 16 stores in Wisconsin will be closing, with affected locations in Janesville, Madison- Zeier Road, Watertown, Lake Geneva, and Beaver Dam. The closures are part of the company’s efforts to restructure and stabilize its operations during this challenging time. In Wisconsin, there are a total of 23 cities with JoAnn Fabrics store locations. Customers are encouraged to stay updated on store closures and new developments through the WMTV15 News and WMTV15 First Alert weather apps. Copyright 2025 WMTV. All rights reserved.
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