A well -known retail chain with places in South Carolina is preparing to close numerous stores as part of a large -scale wave of closure across the country. The company has recently announced that more than half of its places will close in the coming months due to continuing Financial struggles and bankruptcy proceedings.
Getty Images/IstockPhoto
A popular retailer for closing multiple places in South Carolina
In a statement, the retailer called the decision “Hard” but necessary to create a more stable future. The court documents confirm that the closure will cover 49 states, with South Carolina expected to be among them.
Joan, the popular fabric and craft dealer is ready to Close more than half of their 800 stores as it navigates bankruptcy.
Bankruptcy troubles force the main reduction
Initially, the company filed bankruptcy in early 2024 and tried to restructure with the hope of recovery. However, continuing financial failures – including reducing sales challenges and inventory – have led to Second bankruptcy last month.
Legal documents show that the retailer has sought a buyer but identified a large number of stores that are unlikely to be part of the future sale. As a result, around 500 seats all over the country will soon be closed Their doors forever.
Which stores in South Carolina are closing?
- Anderson 123 Marketplace DR
- Charleston 2243 Ashley Crosing D -R
- Columbia 10050 Two Notch Rd
- Florence 1945 West Palmetto st
- Spartanburg 660 Spartan Blvd.
Google Maps – Closing the Joann Fabrics Store in South Carolina
South Carolina communities are preparing to shake retail
This last wave of closure reflects a broader trend of the economic challenges that brick and mortar merchants face. Increasing inflation and displacement of consumer shopping habits have forced many businesses to reduce or close completely.
Joan is not the only major retailer that makes cuts – other chains, including Kohl’s and Macy’s, also scaled back In 2025, industry analysts predict that over 15,000 retail stores will be closed across the country this year, more than doubling the total closure of 2024.
See: These unforgettable photos come to life 60’s of the last century
Take your boots, irritate this hive in heaven, and join us on a visual journey through the peaks and low levels of the 60’s.
Gallery Credit: Stephen Lenz