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After a pandemic-era boom in sales, Joann has been dealing with a pullback in consumer spending on at-home projects. The retailer will become a private company owned by a group of its creditors. By J.
Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending. In a Monday release, the Hudson, Ohio-based company said ...
Fabric and crafts retailer Joann declared bankruptcy on Monday amid spending cutbacks from consumers and higher operating costs. The retail chain said it plans to keep its 800-plus stores open while ...
FILE - People walk into and out of a Joann store, Sept. 6, 2007, in Garfield Heights, Ohio. The fabric and crafts retailer has filed for Chapter 11 bankruptcy protection, as consumers continue to cut ...
Crafters around the country may be sitting on pins and needles this week as they wait to hear if a beloved major U.S. retailer will file for bankruptcy. Joann Inc., owner of fabric and crafting retail ...
Crafts retailer, JoAnn Fabrics, has filed for Chapter 11 bankruptcy … again. Last year, JoAnn filed for bankruptcy in March. It emerged from bankruptcy in April as a private company. JoAnn announced ...
Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending and some pandemic-era hobbies. In a Monday statement, the ...
NEW YORK (AP) — Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending. In a Monday release, the Hudson, ...