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Joann Files For Bankruptcy, 2nd in Less Than a Year
Fabrics and crafts chain Joann seeks buyer, files for bankruptcy again
The specialty retail chain, which says it has $615 million in debt and just $8 million in cash, is seeking Chapter 11 protection for the second time in a year.
Craft supplies retailer Joann declares bankruptcy for the second time in a year
After emerging from Chapter 11 bankruptcy last April, the crafts and fabric supplier Joann has filed for bankruptcy again amid sales troubles and inventory challenges.
Joann files for bankruptcy — again
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.
21h
Joann Chapter 11 Again Amid Asset Sale Fears Should No Buyer Be Found
The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...
2h
Joann Inc. planning for mass layoff at corporate headquarters after bankruptcy filing
Since emerging from bankruptcy court as a private company in April 2024, Joann Inc. has worked to improve its store ...
15h
Clock ticking for JOANN stores across the Valley
Kayne is reportedly "terrified to return to the U.S." because of the charges against Sean "Diddy" Combs and his involvement ...
1d
JOANN to Remain Open as Company Initiates Voluntary Chapter 11 Process to Maximize Business Value
Gordon Brothers to Serve as “Stalking Horse” Bidder in Court-Supervised Sale ProcessCompany Continues to Serve Customers In-Store and Online ...
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Chapter 11
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