Joann, a fabric and crafts retailer with over 800 stores, has filed for Chapter 11 bankruptcy protection for the second time within a year.
HERMITAGE – Thirty-five years ago, Flo Buckwalter stumbled upon her dream job – a part-time position with Joann Fabric and Crafts in Hermitage. “I thought I would work there for 10 years ...
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 ...
Joann fabrics and craft store filed for bankruptcy for a second time within a year and is seeking a sale. The retailer said sluggish sales and inventory issues forced Joann to file for Chapter 11 ...
Joann Fabrics has once again filed for Chapter 11 bankruptcy protection and said it would try to sell the business. “The company is seeking court approval to begin a process for the sale of ...
Joann Fabric and Crafts, a mainstay in the crafting community for over 82 years, has once again fallen on hard times, filing for bankruptcy for the second time in just one year.
After filing for bankruptcy in 2024, Joann Fabrics plans to close locations in several states. Following the bankruptcy filing in March 2024, the company was expected to receive about $132 million ...
Joann Fabrics announced that 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. Chapter 11 bankruptcies ...