A BIG art and crafts store is closing in just days after settling legal issues.
In 2023, Jo-Ann shut down multiple stores in line with its business strategy.
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This time, however, it will close a store in Grand Island, Nebraska after reaching an "amicable agreement" with local real estate agency Woodsonia, according to a report from NBC-affiliated news outlet KSNB.
That comes after the arts and crafts retailer sued Woodsonia over a property dispute for $2.4million.
But now the litigation has been settled and redevelopment plans at the Conestoga Mall can move forward.
That will unfortunately result in the JoAnn store in Grand Island closing after 6pm Sunday, June 11.
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However, Jo-Ann left out some hope for fans of the store in the community.
"JOANN remains committed to its loyal customer base in Grand Island and will explore all options to continue serving the crafters and sewists in this community," the retailer and Woodsonia said in a joint statement, according to KSNB.
"Until a new location is identified, JOANN encourages customers to visit joann.com for convenient access to its full product assortment.”
It's unclear if Jo-Ann will be operating again inside Conestoga Mall after the closure.
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The U.S. Sun has reached out to JoAnn for comment.
MORE JO-ANN CLOSURES
In January, Jo-Ann confirmed that several stores closed in January.
This includes locations in Batavia, New York; Marion, Ohio; Huntington Beach, California; and Cockeysville, Maryland, which all shuttered on Sunday, January 15.
Then a week later, the company shut down the following stores in these areas:
Jo-Ann issued the following statement to The U.S. Sun about what went into the decision of the closures.
"In alignment with standard brick and mortar business processes, JOANN closes stores occasionally while simultaneously investing in, and opening brand new stores to best meet the needs of our customers," it said.
OTHER RETAILERS SHUTTING DOWN
While Jo-Ann previously said it wasn't "going out of business" or "having any mass store closures," the dynamic has changed for many retailers operating brick-and-mortar locations.
The rise of online sales has forced many retailers to shut them down.
Most recently, Macy's rivals H&M and Belk have shut down stores.
Belk closed one in Selma Alabama, while H&M's location closed in Rochester, Minnesota.
Pharmacy chains have struggled to stay open too.
CVS plans to shutter at least 300 stores per year through 2026.
One store in Nebraska will be closing 4808 O Street on June 15, according to the Lincoln Journal Star.
Also, rival Walgreens closed multiple stores in May.
This includes one in Syracuse, New York, and another in Dundalk, Maryland.
But home goods chain Bed Bath & Beyond might be the biggest example of the retail apocalypse.
This is because it has gone bankrupt and is holding liquidation sales.
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All 360 locations, as well as 120 buybuy BABY stores, are set to shut down by June 30 unless the company can find a buyer.
In addition, Tuesday Morning is shuttering all of its stores after the discount brand filed for Chapter 11 bankruptcy.
