Fabric retailer Joann is going out of business and will close all remaining stores
Joann, the fabrics and crafts retailer, announced it will close all of its remaining stores, following roughly a year of financial turbulence. After filing for Chapter 11 bankruptcy last month for the second time in under a year, Joann is going out of business and will shut down all 800 of its stores nationwide.
Joann has a new owner. An exec representing the winning bidder said ownership will work to assist employees, keep most stores ...
The crafts retailer recently auctioned most of its assets off to the GA Group, which plans to wind down operations.
Joann's sale to GA Group was expected to be approved Wednesday in U.S. Bankruptcy Court in Delaware. The company said its ...
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