Announced on Wednesday, the company cited persistently slow sales and inventory challenges as the primary reasons for its financial distress. In March of the previous year, Joann Fabric had ...
Joann, the fabrics and crafts retailer, has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale ... coupled with our current financial position and ...
The 82-year-old retailer confirmed in a corporate statement Wednesday that ongoing soft sales ... Joann to continue operating as a going concern.” The nation’s leader in sewing and fabrics ...
(Gray News) - Joann Fabrics and Crafts has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale ... to stay afloat in the current economic environment.
HUDSON, Ohio — Ohio-based crafts retailer JOANN Fabric and Craft stores filed for ... liquidated and would conduct going out of business sales. Gordon Brother’s previously purchased Big ...
The future is uncertain for Joann Fabric and ... going-out-of-business sales at all store locations. According to a Customer Frequently Asked Questions form, Jo-Ann Fabric and Crafts continues ...
Joann, an 82-year-old fabric and craft retailer ... the second bankruptcy filing and its intention to "facilitate a sale process to maximize the value of its business." "Since becoming a private ...