{"id":12659,"date":"2025-03-13T17:01:16","date_gmt":"2025-03-13T17:01:16","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/joann-is-no-longer-accepting-store-gift-cards-as-it-closes-all-locations\/"},"modified":"2025-03-13T17:01:16","modified_gmt":"2025-03-13T17:01:16","slug":"joann-is-no-longer-accepting-store-gift-cards-as-it-closes-all-locations","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/joann-is-no-longer-accepting-store-gift-cards-as-it-closes-all-locations\/","title":{"rendered":"Joann is no longer accepting store gift cards as it closes all locations"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     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r=\"5\"\/><\/g><\/symbol><\/defs><\/svg><\/p>\n<div class=\"embed__sticky-content lazyload\" data-component=\"viewability\" data-viewability-options=\"true\">\n<div class=\"player-overlay__container  player-overlay--draggable \" data-theme=\"default\">\n<p>\n                  <svg class=\"player-overlay--icon-grid\"><use xlink:href=\"#player-icon-drag\"\/><\/svg><span class=\"player-overlay__title\">National chains are going out of business due to interest rates, consumer confidence <\/span><\/p>\n<p>        <button class=\"player-overlay__button player-overlay__button--close\" data-target=\"\" aria-label=\"Disable small player\"><br \/>\n          <svg class=\"player-overlay__button--icon player-overlay__button--icon-close\"><use xlink:href=\"#player-icon-close\"\/><\/svg><\/button><\/p>\n<p>  <iframe 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class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"national-chains-are-going-out-of-business-due-to-interest-rates-consumer-confidence--hero\" title=\"Video: National chains are going out of business due to interest rates, consumer confidence\" data-sort-time=\"1740526965000\" data-update-time=\"1740526965000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\"><use xlink:href=\"#player-icon-close\"\/><\/svg><\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\"><a href=\"https:\/\/www.cbsnews.com\/boston\/video\/national-chains-are-going-out-of-business-due-to-interest-rates-consumer-confidence\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\"><use xlink:href=\"#icon-video\"\/><\/svg><\/span><\/p>\n<p>          <span class=\"embed__headline\">National chains are going out of business due to interest rates, consumer confidence<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">02:35<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<p>Craft retailer Joann is no longer accepting gift cards as it moves to <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/joann-fabrics-closing-stores-going-out-of-business-sales\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">close all of its stores<\/a><\/span>, after filing for Chapter 11 bankruptcy protection for a second time, leading to frustration among its remaining customers.\u00a0<\/p>\n<p>The 80-year-old fabric and crafts retailer <a href=\"https:\/\/cdn.prod.website-files.com\/67817680c8de2134544a40b6\/67cb02f51802049af9787d41_Customer%20FAQ.pdf\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a> it would stop accepting gift cards after Feb. 28, when it announced it was winding down operations at all stores nationwide. The company at the time added that it would also end all personalized discounts and discount partnerships for groups including teachers, military personnel and health care workers.<\/p>\n<p>Customers who missed the window to redeem their gift card balances expressed their disappointment at the move on social media, amid going-out-of-business sales.<\/p>\n<p>&#8220;I just want you to know how incredibly upsetting it is that you cut off our ability to use gift cards. Regardless of the fact that you are closing, your business took money and now refuses to give the product in exchange for it. Wrong,&#8221; one customer <a href=\"https:\/\/www.instagram.com\/p\/DGv2FXFOGBM\/?utm_source=ig_embed&amp;ig_rid=f3f44865-2d38-4c7a-a493-1162267b57fb\" target=\"_blank\" rel=\"nofollow noopener\">wrote<\/a>. \u00a0<\/p>\n<p>&#8220;So upset you cut off gift cards so quickly and with little notification,&#8221; said another social media user.<\/p>\n<p>Laws around gift card consumer protection vary by state, however when a retailer declares bankruptcy payments are frozen and creditors, including gift card holders, must file claims in order to receive their funds back, according to giftcards.com. In other words, the court decides if the retailer may continue to honor gift cards through a given date.\u00a0<\/p>\n<p>Joann attributes its struggles to lackluster consumer demand. And after failing to find a buyer that would keep its stores open, announced last month that all Joann locations would close.\u00a0<\/p>\n<p>A Joann spokesperson this week\u00a0<a href=\"https:\/\/cdn.prod.website-files.com\/67817680c8de2134544a40cd\/67bb41d2ff81f49ddc0c825f_Company%20Statement%20on%20Winning%20Bidder.pdf\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a>\u00a0in a statement that it &#8220;made every possible effort to pursue a more favorable outcome that would keep the company in business.&#8221;\u00a0<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \"\/><!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/megan-cerullo\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Megan Cerullo<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24\/7 to discuss her reporting.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<\/div>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><br \/>\n<br \/><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/joanns-stores-closing-no-longer-accepting-gift-cards\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>National chains are going out of business due to interest rates, consumer confidence National chains are going out of business<\/p>\n","protected":false},"author":1,"featured_media":12660,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-12659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Joann is no longer accepting store gift cards as it closes all locations - World News<\/title>\n<meta name=\"description\" content=\"Shoppers are frustrated that their gift cards can no longer be redeemed at Joann stores closing nationwide.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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