After a pandemic-era boom in sales, Joann has been dealing with a pullback in consumer spending on at-home projects. The retailer will become a private company owned by a group of its creditors. By J.
Joann Inc., the Ohio-based fabric and craft retailer, has filed for Chapter 11 bankruptcy protection after 81 years in business. The company made the announcement Monday, adding it could become ...
Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending. In a Monday release, the Hudson, Ohio-based company said ...
Joann — the craft store chain formerly known as Jo-Ann Fabrics — has filed for bankruptcy amid ongoing financial troubles. But DIYers need not worry just yet: The company's more than 800 stores ...
Though it’s a drastic step for retail or other business owners to consider, executives at crafts and fabric chain Joann filed for bankruptcy on Monday, under a debt reduction deal that will put the ...
NEW YORK, Jan 15 (Reuters) - 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 ...
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