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 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 ...
Popular arts-and-crafts retailer Joann Inc. has filed for Chapter 11 bankruptcy protection for a second time, hoping to facilitate a sale process as the distressed company navigates yet another ...
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 ...