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The national retail chain announced this week that it is declaring bankruptcy for the second time in a year. The company that saved some Big Lots stores might be the new buyer. Here's what we know.
Joann, the prominent fabric and craft retailer, has filed for Chapter 11 bankruptcy for the second time in less than a year. The Ohio-based company is grappling with significant financial challenges ...
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The retail chain originally filed for bankruptcy in September and has been in the process of getting rid of its underperforming stores since then. Big Lots' financial woes reflect a larger crisis ...
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 ...
Joann fabrics and craft store filed for bankruptcy for a second time within a year and is seeking a sale. The retailer said sluggish sales and inventory issues forced Joann to file for Chapter 11 ...
Over the last two years, more than 60 companies have filed for bankruptcy for a second or third time, Bloomberg reported, based on information from BankruptcyData.
Joann is filing for bankruptcy for a second time in under a year. The Ohio-based company is searching for a buyer to avoid liquidation. There are approximately 850 Joann store locations in the ...