Joann Fabrics is closing its doors for good, and the retail world is taking notice. In this episode, sponsored by the A&M Consumer and Retail Group, Simbe, Mirakl, and Ocampo Capital, Chris Walton and Anne Mezzenga discuss why Joann couldn’t survive, how competitors like Michaels adapted, and whether this signals the end of brick-and-mortar craft stores. Plus, they explore which other retailers might be at risk, including Macy’s and even Target.

🛍 Key Moments:
✅ (0:10) – The real reason Joann is closing all stores
✅ (1:07) – How Amazon & Temu crushed Joann’s business
✅ (1:45) – Why Michaels survived while Joann failed
✅ (3:21) – The future of in-store crafting & DIY shopping
✅ (5:27) – Could Macy’s and even Target be next?

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