The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...
Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.
Joann files for Chapter 11 bankruptcy again, aims to sell assets, close stores, and restructure amidst financial struggles.
Financial distress caused by the effects of the Covid-19 pandemic forced several fast-food restaurant chains to file for ...
Joann Fabrics announced it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies provide ...
Citing millions of dollars in debt, Corsa Coal Corp. and its subsidiaries are filing for Chapter 11 relief through federal ...