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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.
At the time, CEO Scott Sekella said 95% of Joann's 815 operating stores were profitable. He later left the company and was replaced by interim CEO Michael Prendergast, who joined the company along ...
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 ...
Jo-Ann Stores, LLC, more commonly known as Jo-Ann (stylized as JOANN), is an American fabric and crafts retail company based in Hudson, Ohio. It operates the retail chains JOANN Fabrics and Crafts and Jo-Ann Etc. As of March 2020, Joann has 865 stores in 49 states. Joann was privately owned by Leonard Green & Partners before going public in ...
J.L. Brandeis & Sons, commonly referred to by Midwesterners as Brandeis, was a chain of department stores located in the Omaha, Nebraska area started by Jonas L. Brandeis in 1881. It was purchased by Younkers for $33.9 million (~$78 million in 2023) in 1987, [ 1 ] when the stores were converted to the Younkers name.
In 2019, he was named president and CEO of Jo-Ann Stores after joining the retailer in 2016 as executive vice president and CFO. [11] On May 9, 2023, it was announced that Miquelon had abruptly resigned from his positions at Jo-Ann, effective the day prior.
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