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.
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The 82-year-old retailer said in statement Wednesday that sluggish sales and inventory issues forced Joann to file for Chapter 11 again. Joann first filed for bankruptcy in March 2024 and emerged ...
Gov. Ned Lamont said Sunday that his administration “has been preparing for the possibility that Prospect Medical Holdings would file for Chapter 11 bankruptcy. The three (Connecticut ...
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