Craft retailer Joann seeks court permission for closure of 500 stores amid bankruptcy
Craft retailer Joann said on Wednesday it has sought the court's permission to close 500 stores across the United States as part of its ongoing bankruptcy process. In January, Joann filed for Chapter 11 protection in Delaware as inventory shortages and increased competition forced the retailer into bankruptcy for the second time in less than a year.
Two craft stores around Charlotte region to close as retailer struggles with bankruptcy
Two JOANN fabric stores in the Charlotte region are among the ones that will be closing as the popular arts and crafts retailer grapples with bankruptcy and an expected sale.
Joann asks bankruptcy court for OK to liquidate, close over 500 locations
In a Feb. 12 court filing, Joann lays out 533 locations in a list of “initial store closings,” which amounts to approximately 63% of the roughly 850 stores the company reported having as this latest bankruptcy commenced last month.
Joann seeks court authority to begin closing hundreds of stores following bankruptcy filing
Following a filing for Chapter 11 bankruptcy last month, Joann has announced that they have filed a motion seeking court authority to begin closing approximately 500 stores nationwide.
Joann to close 500 of its 800 fabric and craft stores in US after second bankruptcy filing
Popular fabric and craft retailer Joann is closing more than half of its stores in the U.S. after a second bankruptcy filing within a year.
Joann to close about 500 fabric and craft stores nationwide. Here's where stores are closing.
Fabric and crafts retailer Joann has announced it will be closing approximately 500 stores nationwide, almost a year after filing for bankruptcy​.
Joann to close 500 stores after second bankruptcy filing. See list of Texas store closures
Joann is now set to close more than half of its locations across the United States after its second bankruptcy filing. Will Texas stores be affected?
Joann, the bankrupt fabrics retailer, is closing 500 of its 800 stores
Joann, the bankruptcy fabrics and crafts retailer, is closing about 60% of its 800 stores in the coming months as part of its Chapter 11 process.
Joann, bankrupt fabrics retailer, to close more than 500 stores, including locations in the Houston area
Joann, the crafting and fabrics retailer, plans to close more than half of its remaining stores after declaring Chapter 11 bankruptcy for the second time in less than a year. The company filed a motion Wednesday in bankruptcy court seeking to shutter around 533 of its 800 U.
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Hanover Joann Fabrics listed for closure in newly filed court documents on Wednesday
The Hanover location of Joann Fabrics is listed as one of the 500 locations set to close in bankruptcy proceedings, documents ...
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Understanding your role and how it fits within the broader bankruptcy landscape can make it easier to navigate the process.
Cannabis industry faces debt reckoning without bankruptcy help
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Buyer for Joann Inc. could emerge this week with bids due in bankruptcy court
University of Akron professors say there's still a market for bricks-and-mortar-craft retailers, but continuing Joann's path is up to next owner.