To say that people are feeling “uncertain” about the economy, may be the understatement of the year. As consumers are pulling back on their spending, there are some notable chains that have found themselves having to make some difficult decisions.
For example, as we’re sitting down to write this, we know that the two JOANN Fabric locations in Boise are in their final day. We stopped at both the Milwaukee and Federal Way stores at the end of April to do a status check.
At the time, an employee at the Milwaukee store told us that they had until at least May 31 before they had to be out. She also believed that there were JOANN stores with earlier closing dates sending their remaining inventory to their store because they still had “thousands of boxes in the back.”
The Federal Way location also told us they had “about another month” and had a surprising amount of inventory left with more on the way every day. The Boise stores are a part of the nationwide closure of ALL JOANN locations in the midst of the brand’s second bankruptcy…