Joann, a fabric and craft retailer, announced it filed for bankruptcy for the second time within a year due to financial and inventory issues.

Joann was founded in 1943 and sells various crafting supplies, including fabric by the yard, sewing machines, Cricut machines, yarn, home decor and more. The company went private in 2011 when it ...

Joann Fabrics has once again filed for Chapter 11 bankruptcy protection and said it would try to sell the business. “The company is seeking court approval to begin a process for the sale of ...

(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. According to CNN, the 82-year-old retailer announced in a ...

Joann, the nation's largest sewing and fabrics company has announced it will be filing for Chapter 11 bankruptcy for the second time in 12 months.

After filing for bankruptcy in 2024, Joann Fabrics plans to close locations in several states. Following the bankruptcy filing in March 2024, the company was expected to receive about $132 million ...