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 ...

Several Joann stores are closing as the fabric and crafts store files for Chapter 11 bankruptcy for the second time.

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 ...

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. The 82-year-old retailer said in statement Wednesday that ...

The future of fabrics and craft retailer Joann ... bidding in a court approved auction process. Joann’s is hoping for a better offer for the sale of its assets, preferably one that could ...

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 ...

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 ...