Joann Fabrics announced that about 500 to 800 stores are set to be closed after a Bankruptcy Court approval, and consumers and users alike have taken to social media to weigh in on the subject.
The reactions show that some consumers are far from pleased with the current situation.
Although a few users on social media seem unfazed by the news, others fear that the outcome may have a huge effect on their new purchasing decisions.
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“This is a loss for all the grandma’s out there”, one user wrote on X.
“Not Joann closing… where am I supposed to go when I randomly decide I’m gonna be a DIY queen for two days and then never finish the project?”, another stated.
“Literally a haven for all things costume making and cosplay, so sad people will most likely turn to Amazon”, a third wrote.
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A fourth stated: “Oh shame that’s too bad. NOOOOOOOO wait, I’m actually sad about this one.”
Joann Fabrics confirmed that about 500 to 850 of its stores nationwide are set to be closed.
“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,” Joann told USA TODAY in a statement on Wednesday.
“A careful analysis of store performance and future strategic fit for the Company determined which stores should remain operating as usual at this time.”
With around 800 stores across the United States, this closure will leave a huge mark on the retail landscape of the country.
Yet, interestingly, it seems a part of the public does not really care.
Most of the posts and memes lament Joann Fabrics’ disappearance, but some others also show that people are ready to move on, and this is really an intriguing shift.
In many ways, the entire situation of Joann Fabrics reflects how technology and social media have reshaped the reactions of the world, particularly to changes that unfold over decades rather than weeks.
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The firm has yet to put out a full list of stores expected to be closed.
It was widely reported that about eight stores across North Carolina, Maryland, Pennsylvania, New York, Massachusetts and Iowa would be closing in the early weeks of January “as part of routine store location evaluation and optimization.”
Court documents reveal that the upcoming wave of closures will affect all 50 states, with California, New York, Michigan, Florida, and Indiana among those to be hit hardest.
