JOANN Fabric and Craft Stores

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The place for all things creative

Hudson, United States · Founded 1943 · $1.6B raised

Headquarters
Hudson, Ohio
Employees
10001+
Founded
1943
Business Model
B2C
Website
joann.com
Total Funding
$1.6B
Last Round
$1.6B Private EquityMar 2011
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

JOANN Fabric and Craft Stores, founded in 1943, was the largest specialty retailer of fabrics and crafting merchandise in the United States, operating over 800 stores across 49 states. Headquartered in Hudson, Ohio, the company served DIY crafters, sewers, and hobbyists with fabrics, sewing supplies, yarn, floral, and seasonal merchandise. JOANN filed for bankruptcy in 2024 and was subsequently acquired by Michaels Companies.

Summary

JOANN Fabric and Craft Stores is an E-Commerce company based in Hudson, United States, founded in 1943. It has raised $1.6B in total across 1 round, most recently a $1.6B Private Equity round in Mar 2011. Investors include Leonard Green & Partners.

Tech & App Stack

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Funding History

Private EquityPrivate EquityMar 2011
$1.6B

Investors

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