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Fabrics and crafts chain Joann seeks buyer
Popular craft chain Joann files for Chapter 11 bankruptcy. Here's what that means
Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.
Joann craft chain, with 11 NJ stores, files second bankruptcy in a year
Last year was tough for brick-and-mortar businesses big and small, and this year is starting off no differently. Joann Fabrics announced it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain.
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.
1d
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
Ohio-based Joann Inc. files for second bankruptcy, plans to sell assets
Another retailer is joining the likes of Big Lots, Party City and more in filing for bankruptcy. But its stores are open – ...
ConsumerAffairs
4h
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 ...
usaherald
22h
Joann Inc. Files for Chapter 11 Protection Amid Struggles with Debt and Inventory Issues
Fabrics and crafts retailer Joann Inc. filed for Chapter 11 protection in Delaware bankruptcy court on Wednesday, marking its ...
Sourcing Journal on MSN
1d
What Would Happen to Joann's Fabrics If It Enters The Chapter 22 Club?
Fabric retailer Joann's is facing a cash crunch, and could file Chapter 11-the second in less than a year-before the end of ...
2h
on MSN
Is Joann closing stores? Here's what we know shuttering locations. Are any in Mississippi?
Could a Joann fabric and craft store be closing near you? The national retail chain has announced more closures.
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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