Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels.

Joann announced Wednesday it will be closing 500 of its stores nationwide as it continues its bankruptcy process.

U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at car dealers and most other stores.

Struggling fabric and crafts seller Joann plans to close about 500 of its stores across the U.S. — or more than half of its current nationwide footprint.

Joann announced Wednesday it will be closing 500 of its stores nationwide as it continues its bankruptcy process.

Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending and pandemic-era hobbies.

DETROIT – This week for Your Neighborhood we head on over to Detroit’s Midtown neighborhood to a place that by name appears to focus on just children. You want them to do the things that other kids do.”Her 15-year-old special needs son’s difficulty in school would lead her to The Children’s Center in Detroit’s Midtown neighborhood. Manigault has worked with families at The Children’s Center for the past three years. The Children’s Center has been so beneficial to Al-Hachami and her son Amin she now volunteers her time there giving back. The Children’s Center is always looking for volunteers.