The restructuring deal is expected to preserve about 3,800 jobs and erase tens of millions of dollars in debt — but it would ...

The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...

Financial distress in the trucking and logistics industry since the Covid-19 pandemic has brought on the Great Freight ...

The bookstore retail sector has shrunk significantly over the last 25 years as Amazon and other online sales decimated ...

Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.

Joann Inc., the Hudson, Ohio-based parent of hundreds of Jo-Ann fabrics and craft stores nationwide, filed for Chapter 11 ...

JoAnn, the fabric and crafts retailer, has filed for Chapter 11 bankruptcy for a second time and is now looking for a buyer.

Low-cost airline Spirit Airlines was the most prominent airline to file bankruptcy as it filed its Chapter 11 petition on Nov ...

The 82-year-old retailer said in statement Wednesday that sluggish sales and inventory issues forced Joann to file for Chapter 11 again. Joann first filed for bankruptcy in March 2024 and emerged ...

Joann Fabrics announced that it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies provide ...

The company will remain open as they initated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court to maximize business value. JOANN stores and JOANN.com will continue to serve customers ...