JoAnn Fabrics fans seek to stitch void left by private equity with crafts co-op
After JoAnn Fabrics filed for bankruptcy in 2025 following a private‑equity takeover, a group of its loyal customers and former employees are organizing a cooperative to preserve the retailer’s community. The proposed crafts co‑op would pool resources, share inventory and maintain the brand’s DIY culture, aiming to fill the market gap left by the chain’s collapse.