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.

Joann is now set to close all of its stores after previously announcing the closure of "approximately 500." See a map of Texas locations.

Joann, the fabrics and crafts retailer, announced it will close all of its remaining stores, following roughly a year of financial turbulence. After filing for Chapter 11 bankruptcy last month for the second time in under a year, Joann is going out of business and will shut down all 800 of its stores nationwide.