Rob Shelton | Lehi Free Press
In a devastating blow to local crafters and DIY enthusiasts, JOANN Fabric and Crafts announced Sunday the closure of all 800 stores nationwide, including the American Fork location in Utah.
The American Fork store, situated in a shopping center that recently lost Big Lots, will begin liquidation sales immediately. The closure marks the second major anchor tenant to vacate the shopping center in recent months, raising concerns about the future viability of the retail complex.
“Following a comprehensive sale process and auction, GA Group together with the Prepetition Term Loan Agent, has been selected as the winning bidder to acquire substantially all of JOANN’s assets,” a company…