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Joann Files For Bankruptcy, 2nd in Less Than a Year
Fabrics and crafts chain Joann seeks buyer, files for bankruptcy again
In the latest sign of trouble for specialty retailers, Joann is seeking Chapter 11 protection for the second time in less than a year.
Joann files for bankruptcy — again
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.
Joann files for bankruptcy for second time in less than a year
For the second time since March, national crafts retailer Joann has filed for Chapter 11 bankruptcy and is now looking for a buyer. On Tuesday, the Ohio-based chain confirmed stores will remain open and employees will continue to be paid while it seeks a sale of the company.
15h
Joann Chapter 11 Again Amid Asset Sale Fears Should No Buyer Be Found
The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...
8h
on MSN
Craft retailer Joann Fabrics is closing at least 6 stores: This NC location is on the list
Currently, Joann Fabrics operates 830 stores in 49 states. Sixteen of these stores are in N.C., including locations in ...
9h
Clock ticking for JOANN stores across the Valley
Kayne is reportedly "terrified to return to the U.S." because of the charges against Sean "Diddy" Combs and his involvement ...
23h
JOANN to Remain Open as Company Initiates Voluntary Chapter 11 Process to Maximize Business Value
Gordon Brothers to Serve as “Stalking Horse” Bidder in Court-Supervised Sale ProcessCompany Continues to Serve Customers In-Store and Online ...
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Chapter 11
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