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Joann filed for Chapter 11 bankruptcy in Delaware on Monday, according to a news release from the company. Joann fabric files for bankruptcy Joann filed for bankruptcy on Monday, March 18.
Joann Fabrics and Crafts has filed for Chapter 11 bankruptcy as it seeks to reorganize its finances. In a release accompanying its filing, Joann said stores and the company's website would remain ...
NEW YORK (AP) — Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending and some pandemic-era hobbies.
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Number of employees. 23,000 (2021) Website. www .joann .com. Jo-Ann Stores, LLC, more commonly known as Jo-Ann (stylized as JOANN ), is an American fabric and crafts retail company based in Hudson, Ohio. It operates the retail chains JOANN Fabrics and Crafts and Jo-Ann Etc . As of March 2020, Joann has 865 stores in 49 states.
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Daniel Acker/Bloomberg/Getty Images. Joann, the 81-year-old fabric and craft retailer, has filed for bankruptcy as it struggles with customers cutting back on discretionary spending. In a ...