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.

Fabric and crafts retailer Joann, which has a store in the Crossing Meadows Shopping Center in Onalaska, last week filed for Chapter 11 bankruptcy protection for the second time within a year ...

There's no going-out-of-business sales announced at this point for JOANN, the Hudson, Ohio-based fabric and crafts retailer that filed for Chapter 11 last week for the second time in a year.

For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business challenges.

Retailer Joann Inc has filed for bankruptcy a 2nd time, warning that a stalking-horse bidder will liquidate if it can't find a better offer.

Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement. The filing, the release says, is to help "facilitate a sale process to ...

And lack of inventory or newness is a nightmare for retailers. A second Chapter 11 filing would give Joann’s entry into the so-called Chapter 22 club, bankruptcy parlance for companies in their ...