Joann files for bankruptcy for second time within a year, seeks to sell all assets
Joann, a fabric and craft retailer, announced it filed for bankruptcy for the second time within a year due to financial and inventory issues.
Beloved crafts retailer files for bankruptcy, plans to sell company
This is the second time in less than a year that the retailer has filed for bankruptcy. Its stores are likely to close.
Iconic craft store files bankruptcy, second time in one year
Once popular craft retailer JOANN Fabrics filed for Chapter 11 bankruptcy earlier this week — marking its second time doing so in the last 10 months. The company first filed for bankruptcy in March 2024, later emerging from bankruptcy as a private company in April.
Joann Fabrics declares bankruptcy and will seek a buyer
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 approv
Crafts retailer Joann files second bankruptcy in a year
Joann has 20 locations in Massachusetts, according to its website, as well 27 outposts across New Hampshire, Vermont, Connecticut, Maine, and Rhode Island.
Joann Files For Bankruptcy, Second in Less Than a Year
Joann filed for bankruptcy, its second in less than a year as the company looks to maximize the value of its business.
Joann files for bankruptcy for second time in less than a year
We hope that this process enables us to find a path that would allow Joann to continue operating as a going concern.” As part of the bankruptcy proceedings, Joann is seeking court approval for the sale of substantially all of its assets to Gordon Brothers Retail Partners,
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JOANN to Remain Open as Company Initiates Voluntary Chapter 11 Process to Maximize Business Value
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