Joann, the well-known crafts and fabrics retailer, has filed for Chapter 11 bankruptcy for the second time in less than a year, as announced on Wednesday (January 15). The company is now seeking to ...
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.
The troubled retailer JOANN Fabric and Crafts filed for bankruptcy for the second time in two years, leaving the fate of its Northwest Indiana stores up in the air. The fabric, yarn and arts and ...