Another retail giant is closing hundreds of stores to try and stay alive. Jo-Ann announcing today it is closing more than 500 of its 800 stores across the country.
In the Pittsburgh area, that includes Jo-Ann locations in:
Whitehall - 2570 Macarthur Road
Bridgeville - 1155 Washington Pike
Butler - 160 Pullman Square
Belle Vernon – 360 Tri County Lane
West Mifflin – 513 Clairton Boulevard
Ross Township – 7375 McKnight Road
Cranberry Township – 20111 Rt. 19
Monroeville – 3700 William Penn Highway
Robinson Township – Park Manor Boulevard
Greensburg – 1600 Greengate Centre Boulevard
Indiana - 1570 Oakland Avenue
According to Jo-Ann's website, the Tarentum location at 133 Pittsburgh Mills Circle will remain open.
The retailer listed the closings today in a filing as part of its Chapter eleven bankruptcy.
Jo-Ann’s CEO released the following statement last month.
“Since becoming a private company in April, the Board and management team have continued to execute on topand bottom-line initiatives to manage costs and drive value,” said Michael Prendergast, Interim Chief Executive Officer of JOANN. “However, the last several years have presented significant and lasting challenges in the retail environment, which, coupled with our current financial position and constrained inventory levels, forced us to take this step. After carefully reviewing all available strategic paths, we have determined that initiating a courtsupervised sale process is the best course of action to maximize the value of the business. We hope that this process enables us to find a path that would allow JOANN to continue operating as a going concern.”