Search results
Results From The WOW.Com Content Network
Joann and certain affiliates have filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware. As part of the court-supervised bankruptcy process, Joann expects to...
Joann Inc., the parent of hundreds of Jo-Ann fabrics and craft stores nationwide, emerged from bankruptcy court on April 30 in its best financial shape in recent decades.
HUDSON, Ohio, April 30, 2024 (GLOBE NEWSWIRE) -- JOANN, the nation’s category leader in sewing and fabrics with one of the largest arts and crafts offerings, announced today it has successfully emerged from its court-supervised financial restructuring process, and has substantially reduced its.
Craft retailer Joann Inc received a U.S. bankruptcy judge's approval on Thursday for a restructuring that would eliminate $505 million in debt and keep all 815 retail locations open.
Joann Fabrics and Crafts has filed for Chapter 11 bankruptcy protection as it seeks to reorganize its finances. In a release accompanying its filing, Joann said its stores and website would...
Fabric retailer Joann has filed for Chapter 11 bankruptcy and will see its stock delisted from the Nasdaq. No store closures were immediately announced as part of the process.
Joann’s bankruptcy exit plan will allow the company to emerge from Chapter 11 with a significantly deleveraged capital structure and to obtain long-term liquidity without affecting the...
Joann, the 81-year-old fabric and craft retailer, has filed for bankruptcy as it struggles with customers cutting back on discretionary spending.
The Joann fabrics and crafts company has filed for bankruptcy amid a reorganizing of finances. The Hudson, Ohio-based retailer filed for Chapter 11 bankruptcy protection on March 18,...
Fabric and crafts retailer Joann declared bankruptcy on Monday amid spending cutbacks from consumers and higher operating costs. The retail chain said it plans to keep its 800-plus stores open...