joann bankruptcy chapter 11

Bankruptcy to shutter fabric and craft retailer’s NM stores

Joann fabrics is going out of business and closing all stores after a turbulent bankruptcy process and sale

GA Group, an ‘asset disposition’ company, has emerged as the winning bidder of the beloved crafts retailer, which will wind down operations after 82 years. Fabric and craft retailer Joann Inc. is officially shutting down all of its stores following a turbulent bankruptcy process.

Albuquerque Journal · 5h

Sew long, Joann: Bankruptcy to shutter fabric and craft retailer’s NM stores

The bankruptcy will affect Joann’s five New Mexico locations in Albuquerque, Santa Fe, Las Cruces and Farmington.

Fox Business on MSN · 2d

Crafts retailer Joann closing down all U.S. stores, one month after filing Chapter 11 bankruptcy

All Joann Fabrics and Crafts locations across the U.S. will close down over the next several weeks, according to Joann Inc., just one month after filing Chapter 11 bankruptcy.

Bankruptcy judge authorizes Joann Inc. asset sale, ending 82-year retail legacy

Calling it "the best outcome the economics will support," U.S. Bankruptcy Court Judge Craig Goldblatt on Wednesday approved ...

News91d

Joann files for Chapter 11 bankruptcy protection, set to close all stores

Joann, the popular crafts and fabric store chain, has filed for Chapter 11 bankruptcy and is set to close all stores after failing to secure a buyer to remain in business.

Los Angeles Times13d

Joann plans to close roughly half its stores after bankruptcy filing

Joann announced Wednesday that it is seeking the go-ahead from a bankruptcy judge to carry out the closures as part of an ongoing Chapter 11 process. The textile supplier declared bankruptcy ...

Great American, lenders win bid for Joann Inc. assets in bankruptcy; liquidation looms

"We will help you close these stores with empathy, professionalism and efficiency," the CEO of the winning bidder said.

The Register-Guard12d

Springfield Joann location to close amid company's second bankruptcy

Joann, a craft supply retailer, filed for Chapter 11 bankruptcy for the second time in a year and is closing more than 500 stores. Oregon will lose 15 Joann stores, including the Springfield ...

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