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Fabrics and crafts chain Joann seeks buyer
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.
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.
23h
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 ...
1h
Ohio-based Joann Inc. files for second bankruptcy, plans to sell assets
Another retailer is joining the likes of Big Lots, Party City and more in filing for bankruptcy. But its stores are open – ...
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