Over 1,000 Joann employees in Ohio at risk of layoffs amid second bankruptcy
Potential job losses loom at Joann's corporate offices and distribution center in Hudson, as the company navigates bankruptcy
Joann's Sets Sale Deadline, Sets Stage for Layoffs
The future of fabrics and craft retailer Joann's should be known in two weeks. The chain filed its Chapter 11 bankruptcy petition on Jan. 15, noting that it inked a deal with Gordon Brothers Retail Partners as the "stalking horse" bidder.
Joann Inc. files for second bankruptcy, plans to sell assets
Joann Inc., the Hudson, Ohio-based parent of hundreds of Jo-Ann fabrics and craft stores nationwide, filed for Chapter 11 bankruptcy protection in Delaware on Wednesday — the company's second bankruptcy filing in two years.
Joann's future depends on its buyer after second bankruptcy
According to a proposed deal in its latest Chapter 11 bankruptcy filed on Jan. 15, Joann still owes a group of creditors more than $450 million. The company must now hold an auction within 30 days of its petition or risk losing access to cash being held as collateral.
Joann filed for bankruptcy. Here's what it means for stores in Eugene, Springfield
Joann has filed for bankruptcy twice in one year. What does this mean for retail locations in Eugene and Springfield?
Is a second bankruptcy possible for Joann Stores? It may be up for consideration
According to reports, the beleaguered fabric and crafts store may consider a second bankruptcy filing. Joann filed for bankruptcy last March.
Joann has filed for bankruptcy again. Are any Wisconsin stores affected?
Joann fabrics and craft store has filed for bankruptcy — again. The craft retailer filed for bankruptcy Wednesday, about nine months after its first bankruptcy filing in March 2024. After last year's filing, the company went private and was able to keep all of its stores open, despite owing $1 billion in debt.
Joann to potentially lay off over 400 employees in March, according to WARN notices
Joann Inc. may potentially lay off hundreds of employees in Hudson and West Jefferson by March if the company cannot find a buyer.
Joann's bankruptcy could impact Central Ohio jobs with closure of distribution center
Gordon Brothers Retail Partners LLC – the same firm that recently saved between 200 and 400 Big Lots stores from being ...
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Joann files for bankruptcy for second time within a year, seeks to sell all assets
Joann, a fabric and craft retailer, announced it filed for bankruptcy for the second time within a year due to financial and inventory issues.
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JOANN Fabrics and Crafts to Close Visalia Distribution Facility, Shedding 209 Jobs
JOANN will close its Visalia distribution center in March, laying off 209 employees. Its January bankruptcy is the second one ...
Craft supplies retailer Joann declares bankruptcy for the second time in a year
The craft supplies and fabric retailer Joann filed for bankruptcy for the second time in less than a year, as the chain ...
Joann fabric, craft stores declare bankruptcy. Could Mississippi stores close? What we know
Could a Joann fabric, craft store be closing near you? The national retail chain is declaring bankruptcy for the second time ...
Joann Chapter 11 Again Amid Asset Sale Fears Should No Buyer Be Found
The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...
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Joann tells state hundreds of logistics workers could be added to layoffs
The layoffs of the logistics workers would begin on March 31, according to the WARN notices. Earlier this month, Joann told ...
‘Leveraged to the hilt’: PE-backed firms hit by wave of bankruptcies
High interest rates and thrifty consumers pushed record number of portfolio companies into bankruptcy last year ...