The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had forced it to file for Chapter 11 once again.

Joann was founded in 1943 and sells various crafting supplies, including fabric by the yard, sewing machines, Cricut machines, yarn, home decor and more. The company went private in 2011 when ...

Joann, a fabric and craft retailer, announced it filed for bankruptcy for the second time within a year due to financial and inventory issues.

The troubled retailer Joann Fabric and Crafts has 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 ...