According to reports, the beleaguered fabric and crafts store may consider a second bankruptcy filing. Joann filed for bankruptcy last March.
On the heels of store closures announced by Joann Fabrics, Kohl's is planning to close 27 stores, including two in Ohio. Here's where they are.
Fabric and craft retailer JoAnn has let 661 workers at its Summit County, Ohio headquarters know that they could be unemployed by March if a buyer isn’t found for the company.
Several Joann stores are closing as the fabric and crafts store files for Chapter 11 bankruptcy for the second time.
Multiple Joann fabric and craft stores are reportedly set to close, less than a year after the company filed for bankruptcy.
Stores will remain open for now, but Joann says a “stalking horse” bidder has grim plans for the beloved arts-and-crafts retailer if it can’t find a better offer. Popular arts-and-crafts retailer Joann Inc.
Ohio-based crafts retailer JOANN Fabric and Craft stores filed for Chapter 11 Bankruptcy, the company announced Wednesday.
Flo Buckwalter of New Wilmington makes her way into Joann Fabric and Crafts on Thursday for her final day of work. Buckwalter has worked at the Hermitage Towne Plaza store for 35 years. The store is closed Friday.
Flo Buckwalter of New Wilmington makes her way into Joann Fabric and Crafts on Thursday for her final day of work. Buckwalter has worked at the Hermitage Towne Plaza store for 35 years. The store is closed Friday.
Due to financial and inventory issues, Joann filed Chapter 11 bankruptcy for the second time in a year and is seeing closures in stores nationwide.
For the second time since March, national crafts retailer Joann has filed for Chapter 11 bankruptcy and is now looking for a buyer. On Tuesday, the Ohio-based chain confirmed stores will remain open and employees will continue to be paid while it seeks a sale of the company.