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 ...
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 ...
Joann fabrics and craft store filed for bankruptcy for a second time within a year and is seeking a sale. The retailer said ... taking place this week. The chain has about 850 stores in 49 states ...
Could a Joann fabric and craft store be closing near you? The national retail chain announced this week that it is declaring ... initiating a court supervised sale process is the best course ...
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 ... this week. “The Debtors face significant liquidity constraints which are best addressed through a swift but robust marketing and sale process, in ...
Joann fabrics and craft store filed for bankruptcy for a second time within a year and is seeking a sale. The retailer said ... taking place this week. Need a break? Play the USA TODAY Daily ...