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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.
Joann craft chain, with 11 NJ stores, files second bankruptcy in a year
Last year was tough for brick-and-mortar businesses big and small, and this year is starting off no differently. Joann Fabrics announced it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain.
Joann files for bankruptcy a second time, and this unexpected bidder might buy the company
Joann Fabrics is filing for bankruptcy for the second time since last March, and there is already talk of a bidder that might buy the company.
Joann files for bankruptcy for second time in less than a year
For the second time since March, national crafts retailer Joann has filed for Chapter 11 bankruptcy and is now looking for a buyer. On Tuesday, the Ohio-based chain confirmed stores will remain open and employees will continue to be paid while it seeks a sale of the company.
Joann Inc. files for second bankruptcy, plans to sell assets
Joann Inc., the Hudson, Ohio-based parent of hundreds of Jo-Ann fabrics and craft stores nationwide, filed for Chapter 11 bankruptcy protection in Delaware on Wednesday — the company's second bankruptcy filing in two years.
Fabrics and crafts chain Joann seeks buyer, files for bankruptcy again
In the latest sign of trouble for specialty retailers, Joann is seeking Chapter 11 protection for the second time in less than a year.
Major crafts retailer files for bankruptcy
Joann filed for Chapter 11 bankruptcy protection for the second time in less than a year as it contending with a difficult retail environment. The company is also trying to sell itself.
Craft retailer Joann files for bankruptcy for second time in a year
Craft retailer Joann Inc filed for Chapter 11 protection in Delaware on Wednesday, saying that inventory shortages had forced it to back into bankruptcy for the second time in less than a year.
4h
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 ...
usaherald
2h
Joann Inc. Files for Chapter 11 Protection Amid Struggles with Debt and Inventory Issues
Fabrics and crafts retailer Joann Inc. filed for Chapter 11 protection in Delaware bankruptcy court on Wednesday, marking its ...
12h
JOANN to Remain Open as Company Initiates Voluntary Chapter 11 Process to Maximize Business Value
Gordon Brothers to Serve as “Stalking Horse” Bidder in Court-Supervised Sale ProcessCompany Continues to Serve Customers In-Store and Online ...
Sourcing Journal on MSN
1d
What Would Happen to Joann's Fabrics If It Enters The Chapter 22 Club?
Fabric retailer Joann's is facing a cash crunch, and could file Chapter 11-the second in less than a year-before the end of ...
Retail Dive
4h
Joann files for bankruptcy for the second time in a year
The crafts retailer was forced back into Chapter 11 by the wider retail environment and its own financial and inventory woes, ...
News 8000
21h
Joann files for bankruptcy — again
The 82-year-old retailer said in statement Wednesday that sluggish sales and inventory issues forced
Joann
to file for ...
Crain's Cleveland Business
2d
Joann loses longtime chief customer officer in latest C-suite shakeup
Chris DiTullio, executive vice president and chief customer officer since October 2019 for the Hudson-based company, left ...
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