See where else to shop for crafting, art, and DIY supplies now that JOANN craft stores are officially closing.

The investment required to start an art supply store will be in the range of $25,000. However, the profit potential is very good as art supplies are often marked up 100 percent or more.

Sadly, your beloved Jo-Ann Fabric is closing around 500 of its brick-and-mortar locations. However, there are plenty of ...