HUDSON, Ohio (WCMH) — Joann, the Ohio-based fabric and craft store, has again filed for bankruptcy and plans to sell all assets to the same company that recently acquired Big Lots. One of the ...
Among them is Joann Fabrics. The craft store retailer applied for Chapter 11 bankruptcy in March 2024 as it struggled to remain in business. So far, the Joann store closures are concentrated in ...
Could a Joann fabric and craft store be closing near you? The national retail chain announced this week that it is declaring bankruptcy for the second time in a year. The company that saved some ...
Joann fabrics and craft store has filed for bankruptcy — again. The craft retailer filed for bankruptcy Wednesday, about nine months after its first bankruptcy filing in March 2024. After last ...
Stores will remain open for now, but Joann says a “stalking horse” bidder has grim plans for the beloved arts-and-crafts retailer if it can’t find a better offer. Popular arts-and-crafts ...
Meanwhile, there's another major retailer that could be headed for the same ending that befell Christmas Tree Shops and Big Lots recently. According to CNN, Joann Fabric has filed bankruptcy for a ...
After filing for bankruptcy in 2024, Joann Fabrics plans to close locations ... company had "reduced its funded debt by half" without store closures or layoffs. Joann had previously laid off ...
A company news release said that Joann Fabrics emerged from Chapter 11 bankruptcy, which allows businesses to reorganize their debts while remaining open, on April 20, 2024. The same release said that ...