40-year-old arts and crafts chain files Chapter 11 bankruptcy
Yahoo Finance·2025-12-28 00:07

The arts and crafts supply retail sector has faced store closings over the last five years for a variety of reasons, ranging from ownership retirements to severe financial distress. Coming out of the Covid-19 pandemic, regional crafts retailer Beverly's Fabric & Crafts, which operated about 40 stores in California for 48 years, closed down all its stores in late 2020 when the chain's owners decided to retire, the San Luis Obispo Tribune reported at the time. Joann filed bankruptcy and closed down Craft ...