Stores will remain open for now, but Joann says a “stalking horse” bidder has grim plans for the beloved arts-and-crafts ...

Many Americans are struggling financially, despite what their social media highlights show. According to the most recent ...

Joann, the fabrics and crafts retailer, has filed for bankruptcy for a second time within a year and announced that it’s ...

The specialty retail chain, which says it has $615 million in debt and just $8 million in cash, is seeking Chapter 11 ...

For overseas debtors looking to file for bankruptcy in the U.S., “basically a dollar is enough” to show a business presence.

After four years of bankruptcy proceedings, New York's Rockville Centre Diocese agreed to settle claims from people who said ...

Dwindling in-person sales amid the stratospheric rise of online rivals has hit a variety of business sectors. The most recent big retail bankruptcy was Container Store, which filed for Chapter 11 ...

This is the second time Joann has declared bankruptcy in less than 12 months. In April 2024, the company completed a ...

declared bankruptcy last month. Companies that rely heavily on brick-and-mortar locations are scrambling to keep up with online retailers and big-box chains. Fast-casual restaurants such as Red ...

The craft retailer filed for bankruptcy Wednesday ... Other physical stores and its online store continued normal operations. In its statement Wednesday, Joann said its stores and website ...