Announced on Wednesday, the company cited persistently slow sales and inventory challenges as the primary reasons for its financial distress. In March of the previous year, Joann Fabric had ...

The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had forced it to file for Chapter 11 once again.

Several Joann stores are closing as the fabric and crafts store files for Chapter 11 bankruptcy for the second time.

The closure announcement of Joann’s Alabama center follows a recent financial spiral for the Ohio-based retailer, including a ...

Joann fabrics and craft store filed for bankruptcy for a second time within a year and is seeking a sale. The retailer said sluggish sales and inventory issues forced Joann to file for Chapter 11 ...

Joann, the fabrics and crafts retailer, has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale. The 82-year-old retailer said in statement Wednesday that ...

Joann, an 82-year-old fabric and craft retailer ... the second bankruptcy filing and its intention to "facilitate a sale process to maximize the value of its business." "Since becoming a private ...

(Gray News) - Joann Fabrics and Crafts has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale. According to CNN, the 82-year-old retailer announced in a ...