News for JOANN Inc. (JOAN)

PR NewswireLOS ANGELES, Feb. 27, 2025 Retires Nomura Senior Secured Credit FacilityMakes Strategic Investment and Loan in Joint Venture Overseeing JOANN's

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International Business News: Joann Inc, the fabric and crafts retailer, is shutting down all stores after 80 years of operation. Despite efforts to keep the company afloat, financ

Joann Inc., the company that owns Joann Fabrics and Crafts, is closing all of its stores after making the move to sell its hundreds of stores to a buyer group.

With Party City in its final days of operations, discount retail chains Dollar Tree and Five Below are looking to take over some locations.

Bankrupt retailer Joann fabrics has been bought by GA Group, an asset disposition company, which will close all locations and hold GOB sales.

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Love is in the air: Americans shopping for their significant others are expected to spend $14.6 billion this year for Valentine’s Day, according to the latest annual survey by the National Retail Federation and Prosper Insights & Analytics. That is up from $14.2 billion in 2024. Read more from CNBC.  Store closures: Bankrupt crafts and […]

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Joann, an Ohio-based crafts retailer, is trying to shutter more than half of its 800 locations nationwide as it restructures under the Chapter 11 bankruptcy process.

Fabric and crafts chain Joann filed a motion to close hundreds of underperforming stores as part of Chapter 11 bankruptcy proceedings.

Beyoncé, Charli XCX, Chris Stapleton and Sabrina Carpenter all won pre-show Grammy Awards on Sunday. Who else took home trophies?

High interest rates and thrifty consumers pushed record number of portfolio companies into bankruptcy last year

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.

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.

Joann filed for Chapter 11 bankruptcy protection for the second time in less than a year as it contending with a difficult retail environment. The company is also trying to sell itself.

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Joann Inc., the fabric and crafts retailer that emerged from Chapter 11 less than a year ago, is considering filing for bankruptcy again as it runs out of cash, according to people with knowledge of the matter.

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