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VA JOANN Closings w_audio(VCR)RR- THU PM


VA JOANN Closings  
 
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>>Several JOANN Locations to Close in Virginia  
 
 
(Hampton, VA) -- Another large retailer is closing stores in Virginia after filing for bankruptcy. Rocio Rivera has details.

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JOANN is the next big retailer to close stores in the state. The company filed for Chapter 11 bankruptcy protection again this year. And now they're expecting to close about 13 stores in the state of Virginia. JOANN cites dropping sales and rising interest rates as reasons for the closures. Overall, nearly 530 underperforming stores are on the chopping block across the country. Potential stores closing in Virginia include a JOANN's in Fairfax, Hampton, and Lynchburg. Closures could start immediately. I'm RR.  
 
 
 
 
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Rocio Rivera


Posted: 02/13/2025 9:41:54 ET ATL

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