65. JoAnn Fabrics
How Many Stores Closing: 2
Current Value of the Business: $1.04 billion total profit in FY2023*
JOANN Fabric and Craft is bidding farewell to its store in Wooster, Northeast Ohio. Currently undergoing liquidation, the store at 3786 Burbank Road will officially close on February 21, 2024, marking the end of an era.

Following on the heels of its Zanesville branch, the Wooster store’s closure is part of JOANN’s strategic efforts. The company is fine-tuning its operations and store locations to stay abreast of evolving market needs and operational efficiency.
