Joann, the major national retailer of fabric and craft supplies, is going out of business and closing all of its roughly 800 stores. What does that mean for professionals who relied on the chain?

Whether shopping for creative ideas or fabric, crafters and those who sew say the chain offers the best selection, and inspiration.

The auction results that put Joann's assets under new ownership has been approved as the retailer plans to close its more than 800 stores.