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Joann, an 82-year-old fabric and craft retailer, announced it has filed for Chapter 11 bankruptcy for a second time within a year due to financial and inventory issues. The company originally ...
The first time Joann filed for Chapter 11 bankruptcy protection was in March 2024. In a statement , the Ohio-based retailer said it had secured approximately $132 million in new financing and ...
Crafts retailer Joann files for bankruptcy for the second time in less than a year. Find out what's in store for the 82-year-old retailer, known for its sewing supplies, fabrics, and general ...
Joann first filed for bankruptcy in March 2024 and emerged a month later as a private company, keeping all of its stores open. ... For more CNN news and newsletters create an account at CNN.com ...
The craft supplies and fabric retailer Joann filed for bankruptcy for the second time in less than a year, as the chain wrestles with declining sales and inventory shortages, the company said ...
Struggling fabric and crafts seller Joann plans to close about 500 of its stores across the U.S. — or more than half of its current nationwide footprint. The move, announced Wednesday, arrives ...
Say It Ain't Sew. Crafters and sewers are not going to like this news: Joann is closing tons of locations. The news comes after the arts and crafts store filed for bankruptcy a second time just ...
Joann, the bankruptcy fabrics and crafts retailer, is closing about 60% of its 800 stores in the coming months as part of its Chapter 11 process. Joann, the bankrupt fabrics retailer, is closing ...