The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...
Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.
Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.
Gordon Brothers to Serve as “Stalking Horse” Bidder in Court-Supervised Sale Process Company Continues to Serve Customers In-Store and Online During the Process HUDSON, Ohio, Jan. 15, 2025 (GLOBE ...
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. Chapter 11 bankruptcies provide ...
And lack of inventory or newness is a nightmare for retailers. A second Chapter 11 filing would give Joann’s entry into the so-called Chapter 22 club, bankruptcy parlance for companies in their ...
Company Continues to Serve Customers In-Store and Online During the Process HUDSON, Ohio, Jan. 15, 2025 (GLOBE NEWSWIRE) -- JOANN Inc ... has commenced voluntary Chapter 11 proceedings ...
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 ...
today announced that it has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware (the “Court”) to facilitate a sale process to maximize the ...