Hancockfabrics: Remaining Twin Cities Hancock Fabrics will close; leases up for auction

Hancock Fabrics is auctioning off the leases of all 250 its stores, including three in the Twin Cities that will close before August. Hancock closed three of its six Twin Cities earlier this year following a Chapter 11 bankruptcy filing. Its stores in West St. Paul, Minnetonka and Coon Rapids are holding closeout sales now. Those closeouts are expected to be wrapped up by July 31. Hancock Fabrics, based in Baldwyn, Miss., will auction off its store leases in June, according to a press release...