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Joann, the 81-year-old fabric and craft retailer, has filed for bankruptcy as it struggles with customers cutting back on discretionary spending.
The Hudson-based retailer Joann Inc. filed for bankruptcy Monday as it seeks to restructure and shed millions in debt.. The company is expected to receive about $132 million in new financing and ...
In Joann’s “pre-packaged” bankruptcy court filing — in which restructuring terms are largely settled with creditors — the company also listed assets worth $500 million to $1 billion.
Is Joann fabrics filing for bankruptcy? Yes. Joann filed for Chapter 11 bankruptcy in Delaware on Monday, according to a news release from the company. Joann fabric files for bankruptcy.
Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending and some pandemic-era hobbies. Joann's more than 800 ...
Joann Fabrics and Crafts has filed for Chapter 11 bankruptcy as it seeks to reorganize its finances. In a release accompanying its filing, Joann said stores and the company's website would remain ...
The crafting and fabrics retailer Joann has filed for Chapter 11 bankruptcy protection in Delaware, as it announced it is seeking to reorganize its finances.. The Ohio-based company said in a ...
Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending.