Which Joann Fabric Stores Are Closing? A Joann Fabrics store with a large “STORE CLOSING” banner hanging across the entrance. The windows have “Everything Must Go!” and “Final Sale!” signs. Inside, shelves are partially empty, with fabric rolls and craft supplies scattered. The lighting is slightly dim, and a few customers browse the remaining inventory. The store’s exterior has a slightly worn appearance, suggesting it’s been a longtime local shop.