How Joann Fabric Bankruptcy Will Affect Los Angeles Stores

LOS ANGELES, CA — The fabric and craft retailer Joann, which has 14 stores in Los Angeles County, filed for bankruptcy as it struggles to recover from pandemic losses and a change in customer spending habits.

All of its 850 stores will remain open during Chapter 11 bankruptcy proceedings, the 81-year-old Ohio-based retailer said in a statement Monday. There are 77 Joann Fabrics stores in California.

Joann has stores in the following LA County locations:

• Los Angeles
• Long Beach
• La Cañada
• Northridge
• Sherman Oaks
• La Verne
• Lakewood
• Torrance
• Woodland Hills
• Alhambra
• Glendale
• Oxnard
• Palmdale
• Santa Clarita

Joann customers won’t see any disruption of service, and the company “remains as focused as ever on providing customers with quality products and services that inspire their creativity,” according to the statement.

“This agreement is a significant step forward in addressing Joann’s capital structure needs, and it will provide us with the financial resources and flexibility necessary to continue to deliver best-in-class product assortments and enhance the customer experience wherever they are shopping with us,” Scott Sekella, the company’s chief financial officer, said in the statement.