NEW YORK -- Joann, the 81-year-old fabric and craft retailer, has filed for bankruptcy as it struggles with customers cutting back on discretionary spending. In a statement Monday, the Ohio-based ...
On February 23, Joann announced that GA Group and Prepetition Term Loan Agent will buy the craft retailer. The winning bidders promptly launched going-out-of-business sales and finally closed its last ...
Could a Joann fabric and craft store be closing near you? The national retail chain announced it's asking the bankruptcy court to let it close about 500 stores across the U.S., including a dozen in ...
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