All of Joann Inc.'s more than 800 fabric and craft stores nationwide — including 18 in Georgia — will be liquidated and closed this spring following the weekend auction of the Ohio-based retailer's assets ordered by the U.S. Bankruptcy Court in Delaware.

Nationwide craft store Joann is going out of business, with its remaining stores set to close after a slashing of locations just earlier this month. The group that acquired Joann's assets, GA Group and Prepetition Term Loan Agent,

Crafts retailer Joann Inc plans to close all of its stores in bankruptcy, after failing to find a buyer willing to preserve some of the 82-year-old company's 800 U.S. retail locations. The company plans to sell all its assets to a buyer group that includes its lenders and a company called GA Group,

Hudson-based Joann plans to close and begin going-out-of-business sales at all of its stores, pending bankruptcy court approval on Wednesday.