Joann Fabrics Set to Exit Bankruptcy (What happens now!)

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Published 2024-05-20
Joann Fabrics is set to exit Chapter 11 Bankruptcy - What happened and What does this mean to you!!

Any day now, the signed decree is expected from the court. This means Joann stores will remain open!

Full disclosure - I am a sewist and not a bankruptcy specialist. These are my thoughts - a "Byrd's-Eye" View!!

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Byrd

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All Comments (21)
  • @YogaByrdSews
    What’s the one thing you would want to see in your local Joann’s?
  • @jenismolka2749
    About shoplifting, I stopped a woman with an overflowing cart of items, she was pissed. I went to management and told them what happened, she informed me that corporate told them not to stop people from shoplifting for the employees safety. If that's the issue they really need a security guard at the entrance/exit. This cart had thousands of dollars of product. So very sad.
  • @momistaken
    I really like the employees and management staff! They are always short-handed but they are friendly and knowledgeable about what they have for sale.
  • @lizziehough8396
    Okay, I agree that being able to go in a store and actually feel the fabric is vital, especially for garment material. I have been disappointed, in the past, because the knits were almost all polyester. If I am going to go to the trouble to make garments for myself (or especially the grandchildren) I want more natural fabrics, including viscose, linen, bamboo cottons, etc...Unique fabrics are vital. Their quilting fabric selection looks appealing but, as one person commented, too much fleece, flannel, etc.. I miss "quality" fabric stores...and there seems to be great options...IN EUROPE. Arrgh.
  • @geritavares6031
    At my local Joannes, the manager is rarely seen. He is generally extremely busy. They need an assistant manager at this location. They need to deal with the patterns. They’re still in boxes. There must be seven boxes of patterns that have yet to be put away. They say they don’t have the time, they don’t have the time to clean the bathroom either. They definitely need better help and they need to put the signs up when there is a sale on things especially patterns. The manager in the Hollywood location is excellent. He’s on top of everything. Give that guy a raise.
  • @user-yf8cw1wb3x
    I love my local Joann’s and would love to see some craft and sewing classes
  • I loved working at Joanns even working every area of the store. I even enjoyed teaching the sewing and quilting Classes.
  • I don't sew, but my mom and grandmothers all did. But I remember many weeks I would go with a close friend, who sewed well, to pick out an inexpensive remnant. Then we would use Mom's sewing machine. My friend would whip up a new pretty skirt for me to wear for a Friday evening at the local teenage dance hall. It was so fun to get a new skirt for about a buck back in the 60s. So I know Joann's is a very important spot!
  • @bhquilter
    I wish my local store had more staff and better quality fabric.
  • @HelenMontgomery
    I am so glad that Joannes is not going to close. I love Joannes. They have a Lotta stuff, arts and crafts and fabrics and patterns and threads. I’d like to fill my fabric before I buy it
  • It’s expensive unless on sale! Hardly worth making clothes by time you get pattern and fabric! You could buy a nice outfit at Pennys or Dillards
  • @Catlud12-sx6iw
    When I looked last at board of directors none seemed to have come from garment/fabric industry. That needs to change...
  • Good review, I appreciate the time you took and agree with your comments. Thank you. I hope Joann’s turns themselves around.
  • @tonistevens2253
    Thanks for the update. My Joann’s hasn’t been staffed well for years—even pre-pandemic. I put in complaints about some of the management team pre-pandemic and haven’t seen them in the store for some time. I was in the store recently and saw that the fabric was well stocked but the home decor was sparse. Also there was an armed security person just inside the entrance.
  • @nans969
    I would like to see the paper craft section to go back where it was before. All craft stores scaled back a lot. They focused more on cricut type of crafts and their branded products.
  • @user-pp4wb6ub2o
    Thanks for the update :) At time stamp 6:14, that yarn is fun to work with and you do not need to know a single stich or have a single tool. I know nothing of knitting and have fun making blankets with this yarn. Lots of how to videos with this type of yarn online. Seeming you are a garment/tot bag/purse kinda girl, I think you would be able to come up with ways to use your finished knit yardage to make something more, it would be a way to have a bit of the knitting world in your life. Just planting a seed for you :) Have a great day!
  • @angelaglidewell
    Our store in AZ already closed its doors. My daughter tried to get a job at our JoAnns and they never called her. She even went in to talk to the manager. She has experience at another fabric store. She sews, crochet, and knitting mostly, but is gifted in other crafts as well. I think she wasn't hired because everyone is so busy working they don't have time to hire.
  • @PaperToPetals
    Oh that's so sad. I hope they don't close any stores, but, we know how that goes. I can attest to the shortage of employees, my local JoAnn Fabric is exactly as you said! Thanks for the update, and the tour. From one vet to another, thank you for your service!
  • @MichiganderGirl
    I worked at Joanns almost 30 yrs. ago. The managers have incentives to keep labor costs down, so they always go with the minimal they think they can get away with. They also don't pay well. My local stores have large sections that are very low on stock in the cotton section. I hope they can get their act together. Not many other options with a good selection.
  • @user-wu7sv6hr7v
    Thank you for this video! I am glad Joann will apparently still be around - pattern sales, Gutermann thread, some interfacing and fabric are what I buy there. I know there are nicer fabrics online but I am not a fan of buying something I can't see in person. I know some folks at the Joann I shop at the most and they are all lovely - one lady told me about the shoplifting and I was shocked because I didn't think enough people sewed so that there would be a market for stolen fabric, but on second thought it made sense - she said they take the whole bolt! I'd like to see better quality fabrics at Joann - there is a demand for that as so many on YouTube buy stuff online to get really nice fabrics Joann doesn't have.