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joann, a major fabric and craft supply retailer, is going out of business, closing all 800 stores after multiple bankruptcy filings and competition from online retailers.

Business & Finance Fabric giant Joann is going out of business and closing all of its 800 stores
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Sadness 😢

Happiness 😊 - 10%
10%
Anger 😡 - 30%
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Surprise 😲 - 20%
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Sadness 😢 - 40%
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Mentions in context

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😢 Sadness

joann is going out of business and closing all of its stores.

Author
😢 Sadness

Interim CEO of joann commented on the decision to sell the company.

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😡 Anger

joann has lost market share to competitors like hobby lobby.

Author
😡 Anger

michaels is another competitor affecting joann's market share.

Author
🤔 neutral

ga group is acquiring joann as part of its bankruptcy proceedings.