In the latest sign of trouble for specialty retailers, Joann is seeking Chapter 11 protection for the second time in less than 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, the fabrics and crafts retailer, has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale.

Crafts and fabric retailer Joann Inc. filed bankruptcy protection for the second time in less than a year in order to quickly find a buyer willing to rescue the company from liquidation.

For the second time since March, national crafts retailer Joann has filed for Chapter 11 bankruptcy and is now looking for a buyer. On Tuesday, the Ohio-based chain confirmed stores will remain open and employees will continue to be paid while it seeks a sale of the company.

Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.

Arts and crafts retailer Joann is declaring bankruptcy for the second time in less than a year, officials said. Joann filed for Chapter 11 bankruptcy in a Delaware court, the company said in a news release on Wednesday,

Joann Inc., the Hudson, Ohio-based parent of hundreds of Jo-Ann fabrics and craft stores nationwide, filed for Chapter 11 bankruptcy protection in Delaware on Wednesday — the company's second bankruptcy filing in two years.

Opening in 1942 in Cleveland, Ohio, Joann has grown to be one of the most prevalent fabric and crafts stores in the U.S., competing with major stores like Hobby Lobby, Michael’s, Target, Walmart, and dozens of independent stores.

Craft retailer Joann Inc filed for Chapter 11 protection in Delaware on Wednesday, saying that inventory shortages had forced it to back into bankruptcy for the second time in less than a year.