Joann to close all its fabric and craft stores amid bankruptcy
Joann has announced its plans to shut down all its fabric and craft stores following a bankruptcy filing in January. In a statement released on Sunday, the company confirmed that GA Group, along with the Prepetition Term Loan Agent, has been chosen as the winning bidder to acquire nearly all of Joann's assets.
The fabrics retailer is set to shutter all its sites after new owners prevailed during a key step in the company’s bankruptcy proceedings, the company said in an emailed statement. Already, the chain ...
Joann has a new owner. An exec representing the winning bidder said ownership will work to assist employees, keep most stores ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback