However, that has since faded.. Loyal shoppers have also shifted away from Joann to rivals, like Hobby Lobby and Michaels, a retail expert previously told CNN.
The retailer said sluggish sales and inventory issues forced Joann to file for Chapter 11 again, CNN reported. Joann first filed for bankruptcy in March 2024 and emerged a month later as a private ...
However, USA Today reports the chain is now starting to close stores due to its financial struggles. At least eight locations ...
Joann, the crafts and fabrics chain, has filed for bankruptcy a second time in less than a year. The Ohio-based company first ...
New York (CNN) — Joann, the fabrics and crafts retailer, has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale. The 82-year-old retailer said in ...
(Gray News) - Joann Fabrics and Crafts has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale. According to CNN, the 82-year-old retailer announced in a ...