Popular fabric and craft retailer Joann is closing more than half of its stores in the U.S. after a second bankruptcy filing within a year.

Beloved craft retailer Joann Fabrics announced that it will be shutting down 500 of its stores nationwide. This news comes hot on the heels of the company’s second bankruptcy filing in January.

Joann Fabrics announced it will be closing 500 of its 800 stores. Among them, three locations in Palm Beach County will be close.

Joann Fabrics will close almost all of its Central Florida stores as it grapples with bankruptcy for the second time in less than a year.

Joann on Wednesday announced it will be closing more than half of its stores across the country after the fabrics and craft retailer filed for bankruptcy for the second time in less than a year.

The move to close 500 stores comes after Joann declared bankruptcy for the second time in less than a year. The closures would leave it with far fewer stores than competitors Hobby Lobby and Michaels.

All of Joann's stores now set to close after new ownership group wins bid Joann is now set to close all of its store locations after previously announcing the closure of "approximately 500." ...

Joann, the fabrics and crafts retailer, is closing more than half of its 800 stores in the coming months as it continues to navigate the bankruptcy process. Approximately 500 stores across the ...

Joann to close 500 of its 800 fabric and craft stores The move is part of the company's ongoing bankruptcy proceedings.

Joann, the fabrics and crafts retailer, is shutting down hundreds of its stores nationwide as part of its bankruptcy proceedings. In a statement to ABC News, the company's spokesperson said the ...