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

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

The world's largest English-language comic company has abruptly filed for bankruptcy. Diamond Comic Distributors announced on ...

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

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 ...

an online insurance shopping platform. In addition, Musson said rising interest rates also contributed to increased bankruptcy filings. “People file bankruptcy when they can’t repay their ...

That, coupled with sagging sales and constrained inventory levels, forced the company to file for bankruptcy protection ... to operate the stores and online businesses on an ongoing basis.

Craft retailer JOANN filed for Chapter 11 bankruptcy on Wednesday morning, marking the second time the company has done so in ...

Here is what to know about Joann's bankruptcy filing, including whether any Wisconsin ... Other physical stores and its online store continued normal operations. In its statement Wednesday ...

The party supply chain Party City announced last month it would be shutting down operations, after filing for and emerging from Chapter 11 bankruptcy ... to keep up with online retailers and ...