Joann files for bankruptcy for second time in less than a year
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.
Another retailer is joining the likes of Big Lots, Party City and more in filing for bankruptcy. But its stores are open – ...
Could a Joann fabric, craft store be closing near you? The national retail chain is declaring bankruptcy for the second time ...
Due to financial and inventory issues, Joann filed Chapter 11 bankruptcy for the second time in a year and is seeing closures ...
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