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.

Several Joann stores are closing as the fabric and crafts store files for Chapter 11 bankruptcy for the second time.

Gordon Brothers Retail Partners LLC – the same firm that recently saved between 200 and 400 Big Lots stores from being ...

Joann’s revenue has been on the decline in recent years, except for a brief pandemic boom during the height of Covid when people stuck at home spent more money on arts and crafts. However ...

The vote comes after a power struggle between two City Council Republicans that splintered the six-member coalition.

Joann, an 82-year-old fabric and craft retailer, announced it has filed for Chapter 11 bankruptcy for a second time within a year due to financial and inventory issues. The company originally ...

The craft supplies and fabric retailer Joann filed for bankruptcy for the second time in less than a year, as the chain wrestles with declining sales and inventory shortages, the company said ...

(Bloomberg) -- Joann Inc., the fabric and crafts retailer that emerged from Chapter 11 less than a year ago, is considering filing for bankruptcy again as it runs out of cash, according to people ...

Crafts and fabric chain Joann has filed for bankruptcy again, and now it’s looking for a buyer. It is the second time the retailer has sought Chapter 11 protection within a year. The company ...