Joann store in Concord among seven in N.H. to shut as part of bankruptcy

By DAVID BROOKS

Monitor staff

Published: 02-13-2025 1:19 PM

Fabric and craft chain Joann plans to shut its store on Storrs Street in Concord as well as six other stores in New Hampshire as part of a nationwide reaction to its Chapter 11 bankruptcy filing.

The company said it plans to close more than 500 of its 850 stores, scattered throughout 49 states. According to court filings, the Hooksett store is the only one in New Hampshire that is not slated to shut.

The filings indicate the company will shut several Joann Fabric and Craft stores in the Seacoast as well as those in Belmont, Nashua, and West Lebanon, along with the one in the Storrs Street shopping plaza next to Market Basket in Concord. It is closing 19 stores in Massachusetts, 2 in Vermont and 3 in Maine.

Joann filed for bankruptcy for the second time in January after going private a year ago.  It is one of a number of retail chains that have struggled since the COVID pandemic, which pushed many consumers toward online shopping.

 

 

 

Article continues after...

Yesterday's Most Read Articles

Webster seized and sold his house for back taxes. Now the town has agreed to pay him $38,000
City considers proposal for sanctioned homeless encampment
Hillclimbs, nightlife and cruising: Enthusiasts flock to 102nd Laconia Motorcycle Week
A Webster property was sold for unpaid taxes in 2021. Now, the former owner wants his money back
‘The rug pulled out from under me’: For certain police and firefighters, last-minute changes to retirement deal breeds distrust
Preparing to say ‘I do’ – Inside the love story taking center stage at Market Days