JoAnn Fabrics fans seek to stitch void left by private equity with crafts co-op

https://www.theguardian.com/profile/heather-timmons· Sep 24, 2026 · 11:00 AM UTC ·5 min read · 0 reactions · 0 comments · 8 views

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Key facts

▪People shop at a JoAnn Fabric as the store is set to close after filing for bankruptcy on 7 March 2025 in Paramus, New Jersey.
▪Photograph: Michael Bocchieri/Getty ImagesView image in fullscreenPeople shop at a JoAnn Fabric as the store is set to close after filing for bankruptcy on 7 March 2025 in Paramus, New Jersey.
▪It was a vital hub for small businesses – wedding dress makers, upholsters, milliners and rug repairers.

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The Guardian — Business publishes from United Kingdom and files mainly under business. We currently carry 21 of its stories.

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The Guardian — Business · https://www.theguardian.com/profile/heather-timmons

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Original publisher	The Guardian — Business
Canonical URL	https://www.theguardian.com/business/2026/sep/24/joann-fabrics-fans-crafts-co-op
Publication time	Thu, 24 Sep 2026 11:00:16 GMT
Retrieval time	2026-09-24T12:10:25.964Z
Last seen	2026-09-24T12:10:25.964Z
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Excerpt method	First ~120 words (~800 chars) of extracted publisher body, fair-use limited.
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Publisher visit	Yes — open original
Substitutes article?	No — link-out required for full text

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Opening excerpt (first ~120 words) tap to expand

People shop at a JoAnn Fabric as the store is set to close after filing for bankruptcy on 7 March 2025 in Paramus, New Jersey. Photograph: Michael Bocchieri/Getty ImagesView image in fullscreenPeople shop at a JoAnn Fabric as the store is set to close after filing for bankruptcy on 7 March 2025 in Paramus, New Jersey. Photograph: Michael Bocchieri/Getty ImagesBusinessJoAnn Fabrics fans seek to stitch void left by private equity with crafts co-opUS crafters are looking to build a communal network to replace the company after it was bankrupted by private equity investors in 2025Heather TimmonsThu 24 Sep 2026 07.00 EDTLast modified on Thu 24 Sep 2026 07.01 EDTSharePrefer the Guardian on GoogleTo its dedicated fans, JoAnn Fabrics wasn’t just a fabric store.

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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Guardian — Business.

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