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Joann files for bankruptcy for 2nd time in less than a year
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.
Craft supplies retailer Joann declares bankruptcy for the second time in a year
The craft supplies and fabric retailer Joann filed for bankruptcy for the second time in less than a year, as the chain wrestles with declining sales and inventory shortages, the company said Wednesday.
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.
1h
on MSN
Low-cost airline Spirit cuts 200 additional jobs under its bankruptcy plan
The low-cost air carrier Spirit has cut 200 jobs as part of its plan to emerge from bankruptcy, the airline announced ...
14h
Companies From Afar Tap Houston Bankruptcy Court Despite Minimal Local Ties
For overseas debtors looking to file for bankruptcy in the U.S., “basically a dollar is enough” to show a business presence.
7h
on MSN
Spirit Airlines lays off 200 workers in cost-cutting move as firm looks to emerge from bankruptcy
Spirit Airlines is laying off approximately 200 employees as part of an effort to reduce expenses as the company looks to ...
5h
on MSN
National retailer files for bankruptcy again, closes a Central NY store
However, USA Today reports the chain is now starting to close stores due to its financial struggles. At least eight locations ...
7h
Parent company’s bankruptcy may allow CT hospitals to directly tap into locally generated funds
Prospect Medical Holdings' 3 CT hospitals are expected to tap into their own funds to finance their operations during the ...
1d
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.
1d
on MSN
From billions to bankruptcy: How the party died for Party City, and why other retailers could face the same fate
Many small- and midsized retailers aren't investing in tech and store improvements, and customers are voting with their feet.
1d
Major Baltimore County-based comics distributor files for bankruptcy
As part of the restructuring, Diamond has received a $39 million “stalking horse” bid from an affiliate of Universal ...
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