As Joann Fabrics sank into bankruptcy, local stores like Knit & Bolt prepared to step up. But no one was celebrating. I grew up in the aisles of fabric stores.

Seasonal silky solid and embellished fabrics are both 50% off, while netting and tulle are 60% off. Sherpa fabric, as well as soft and minky and fleece, are also discounted by 60%.

New York (CNN) — Michaels is jumping into the void left by the collapse of Joann, announcing Thursday that it’s buying the fabric retailer’s private label and drastically expanding its ...

Shoppers will also begin to see products from Joann’s fan-favorite “big twist” yarn and fabric private label. Michaels also bought Joann’s intellectual property, including its name.

Shoppers will also begin to see products from Joann’s fan-favorite “big twist” yarn and fabric private label. Michaels also bought Joann’s intellectual property, including its name.