Joann is closing all 800 stores after 80 years in business: See all the N.J. locations to shop before they’re gone

Joann is closing all 800 stores instead of the 500 previously announced after failing to find a buyer that would keep the stores open.

The fabrics and crafts retailer filed for Chapter 11 bankruptcy for the second time in less than a year. The company ultimately ended up put its remaining assets up for auction.

Retail liquidator GA Group and Joann’s term lenders placed the winning bids, but the retailer and the new ownership reached an agreement to close all stores after holding going-out-of-business sales at each location.

The results of the auction will be formally approved in the U.S. Bankruptcy Court for the District of Delaware at a Wednesday, Feb. 25, hearing.

Most Joann Fabrics locations will be open through the end of May.

Going-out-of-business sales are already happening at the 500 locations previously slated for closure, and some items are being discounted as high as 75% off.

The remaining stores will also start holding going-out-of business sales.

However, gift cards are not accepted, and discounts for Girl Scouts, teachers, members of the military and healthcare workers are also put on pause indefinitely, according to the company restructuring website.

If you want to visit your local New Jersey Joann store before it officially closes, here’s where to shop:

• Cherry Hill: 2234 W. Marlton Pike Rd. Plot E3
• Colonia: 1272 State Rt. 27
• Deptford: 1120 Hurffville Rd.
• Lawrenceville: 3371 Brunswick Ave.
• Mays Landing: 3926 Festival At Hamilton
• Mount Laurel: 66 Centerton Rd.
• Paramus: 30 A & S Dr.
• Riverdale: 48 Rt. 23
• Shrewsbury: 1026 Broad St.
• Succasunna: 281-28 Rt. 10E
• Toms River: 1379 Hooper Ave.

Joann Fabrics has been in business for more than 80 years.

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Katherine Rodriguez can be reached at krodriguez@njadvancemedia.com. Have a tip? Tell us at nj.com/tips.