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Joann Inc. files for 2nd bankruptcy, plans to sell assets
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.
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 Inc. files for second bankruptcy, plans to sell assets
When the company exited bankruptcy in April 2024, it touted its "strongest financial foundation in many years."
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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 – ...
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