Liquidation Sales Underway At 7 Joann Fabrics Stores In New Hampshire

CONCORD, NH — Liquidation sales have begun at New Hampshire Joann Fabrics and Crafts stores after the retailer announced it would close 500 stores nationwide after filing for Chapter 11 bankruptcy for the second time this year.

Granite State stores labeled as “liquidation stores” include Belmont, Concord, Nashua, Newington, Rochester, Seabrook, and West Lebanon.

“Your overwhelming demonstration of how much everybody loves JOANN has meant more to us than you know. Although we regrettably will be closing some stores, we are grateful to continue our mission of inspiring creativity in our customers online and in stores across the country,” the company said on its website.

Hooksett, another store in New Hampshire, was not listed as being liquidated.

The Cleveland, Ohio-based company cited rising costs and dwindling demand as reasons for its financial difficulties, as well as more sewists, quilters, knitters, and other craft enthusiasts buying supplies online.

Joann indicated on its store locator the stores where liquidation sales have begun.

The fabric and crafts retailer did not divulge when it would start closing stores. Liquidation sales are likely to last for several months.

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