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Fabrics and crafts chain Joann seeks buyer
Popular craft chain Joann files for Chapter 11 bankruptcy. Here's what that means
Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.
Fabrics and crafts chain Joann seeks buyer, files for bankruptcy again
The specialty retail chain, which says it has $615 million in debt and just $8 million in cash, is seeking Chapter 11 protection for the second time in a year.
Craft supplies retailer Joann declares bankruptcy for the second time in a year
After emerging from Chapter 11 bankruptcy last April, the crafts and fabric supplier Joann has filed for bankruptcy again amid sales troubles and inventory challenges.
19h
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 ...
15h
Joann Inc. planning for mass layoff at corporate headquarters after bankruptcy filing
Since emerging from bankruptcy court as a private company in April 2024, Joann Inc. has worked to improve its store ...
21h
Crafting retailer Joann files for bankruptcy again, less than a year after first filing
This is the second time Joann has declared bankruptcy in less than 12 months. In April 2024, the company completed a ...
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