JOANN Closing Stores in Vincennes, Other Area Locations

Fabrics and crafts retailer JOANN is closing hundreds of stores, including the location on Sixth Street in the Vincennes Shopping Center. This comes less than a month after they filed for Chapter 11 bankruptcy for the second time in a year.
      20 stores will be closed in Indiana including those in Vincennes, Jasper, Bedford, and Bloomington. At this time, JOANN will still have its store presences in both Evansville and Terre Haute.
      
The store listed 530 “underperforming” stores in a recent court filing across more than 40 states that it plans to immediately begin closing. When JOANN filed for bankruptcy protection in January, it originally wanted to keep all of its 800 stores open.
     
A store spokesperson said “Right-sizing our store footprint is a critical part of our efforts to ensure the best path forward for JOANN.”