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The craft supplies and fabric retailer Joann filed for bankruptcy for the second time in less than a year, as the chain wrestles with declining sales and inventory shortages, the company said ...
Interim CEO Michael Prendergast said Tuesday that the Ohio-based crafts retailer had been contending ... court-supervised sale process is the best course of action to maximize the value of the ...
Crafts and fabric retailer Joann Inc. filed bankruptcy protection for the second time in less than a year in order to quickly find a buyer willing to rescue the company from liquidation.
(WJET/WFXP) — Craft retailer JOANN filed for Chapter 11 bankruptcy on Wednesday morning, marking the second time the company has done so in a year. Now, the company is looking to sell.