Popular craft chain Joann files for Chapter 11 bankruptcy. Here's what that means
Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.
Big Lots, JoAnn and 11 other companies that filed for bankruptcy in 2024
For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business challenges.
Diamond Comic Distributors Files Chapter 11 Bankruptcy
Update: Diamond's two largest unsecured creditors are Penguin Random House (a publishing company and distributor for other publishers, including manga ones such as Dark Horse) and Bandai. Diamond owes these two companies US$9,202,181 and US$4,348,743, respectively.
Corsa Coal Corp. files for Chapter 11 bankruptcy protection
Citing millions of dollars in debt, Corsa Coal Corp. and its subsidiaries are filing for Chapter 11 relief through federal bankruptcy court.
Joann files for bankruptcy for second time within a year, seeks to sell all assets
Joann, a fabric and craft retailer, announced it filed for bankruptcy for the second time within a year due to financial and inventory issues.
Fabrics and crafts chain Joann seeks buyer, files for bankruptcy again
The specialty retail chain, which says it has $615 million in debt and just $8 million in cash, is seeking Chapter 11 protection for the second time in a year.
Craft supplies retailer Joann declares bankruptcy for the second time in a year
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 Wednesday.
Crafts retailer Joann files second bankruptcy in a year
Joann has 20 locations in Massachusetts, according to its website, as well 27 outposts across New Hampshire, Vermont, Connecticut, Maine, and Rhode Island.
Joann Chapter 11 Again Amid Asset Sale Fears Should No Buyer Be Found
The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...
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Will Diamond's Bankruptcy Process Go After Comic Shops' Debts?
How much will the court's bankruptcy process for Diamond Comic Distributors demand of their comic book shops over possible ...
Owner of three struggling CT hospitals files for Chapter 11 bankruptcy reorganization
The state will be monitoring the situation closely and intends to participate in court proceedings to the extent necessary to ...
JOANN to Remain Open as Company Initiates Voluntary Chapter 11 Process to Maximize Business Value
Gordon Brothers to Serve as “Stalking Horse” Bidder in Court-Supervised Sale ProcessCompany Continues to Serve Customers In-Store and Online ...
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Diamond Comic Distributors Files Voluntary Petition for Relief Under Chapter 11
Diamond Comic Distributors (“Diamond” or “the Company”), today announced that it has filed a voluntary petition for relief ...
Spirit to lay off 200 employees, expects to emerge from Chapter 11 in Q1 - WSJ
Spirit Airlines (OTC:SAVEQ) is laying off around 200 employees as part of a broader effort to reduce expenses and align with ...