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.
The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...
Another retailer is joining the likes of Big Lots, Party City and more in filing for bankruptcy. But its stores are open – ...
Due to financial and inventory issues, Joann filed Chapter 11 bankruptcy for the second time in a year and is seeing closures ...
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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 ...
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