The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had forced it to file for Chapter 11 once again.
Joann, an 82-year-old fabric and craft retailer, announced it has filed for Chapter 11 bankruptcy for a second time within a year due to financial and inventory issues. The company originally ...
Hudson-based Joann Inc. advises employees that the company could begin shutting down in mid-March if it is unsuccessful in attracting a new owner.
The Hudson-based parent of hundreds of Jo-Ann fabrics and craft stores nationwide filed for Chapter 11 bankruptcy protection Wednesday. Joann Inc., the Hudson, Ohio-based parent of hundreds of Jo ...
Potential job losses loom at Joann's corporate offices and distribution center in Hudson, as the company navigates bankruptcy ...
(WKBN) – Craft retailer JOANN filed for Chapter 11 bankruptcy for the second time last month and just this past week, it was ...
The layoffs of the logistics workers would begin on March 31, according to the WARN notices. Earlier this month, Joann told ...
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 ...
For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business challenges.
The Container Store is back from bankruptcy. The struggling home goods emerged from Chapter 11 bankruptcy on Tuesday, Yahoo ...