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Five Below to Open in Former JoAnn Fabrics Location
Discount retailer plans June opening in Burlington, Iowa storefront vacant since 2025
Published on Feb. 25, 2026
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Discount retail chain Five Below is preparing to open a new store in Burlington, Iowa, taking over the former location of JoAnn Fabrics. The space has been vacant for over a year since JoAnn Fabrics closed its doors in January 2025. Five Below spokesperson Chelsea Buda confirmed the company's plans to open the new Burlington store in June, with a grand opening celebration planned.
Why it matters
The arrival of Five Below, a popular discount retailer, will breathe new life into a commercial space that has sat empty for over a year in Burlington. This is seen as a positive development for the local economy, as it fills a vacant storefront and brings new retail options for consumers.
The details
Five Below, a discount retail chain that sells a variety of products for $5 or less, will be moving into the former JoAnn Fabrics location on E. Agency St. in Burlington. The space has remained vacant since JoAnn Fabrics permanently closed its doors on January 19, 2025 after over a decade in the location.
- JoAnn Fabrics permanently closed on January 19, 2025.
- Five Below is expected to open its new Burlington store in June 2026.
The players
Five Below
A discount retail chain that sells a variety of products for $5 or less.
Chelsea Buda
A media spokesperson for Five Below.
JoAnn Fabrics
A fabric and craft supply retailer that previously occupied the E. Agency St. location in Burlington.
What they’re saying
“The Burlington store is expected to open in June and will include a grand opening celebration.”
— Chelsea Buda, Media spokesperson (The Hawk Eye)
What’s next
Five Below plans to hold a grand opening celebration when the new Burlington store opens in June 2026.
The takeaway
The arrival of Five Below, a popular discount retailer, will fill a long-vacant commercial space in Burlington and provide new shopping options for local consumers, signaling positive economic activity in the area.
