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

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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 ...

Joann files for Chapter 11 bankruptcy again, aims to sell assets, close stores, and restructure amidst financial struggles.

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After emerging from Chapter 11 bankruptcy last April, the crafts and fabric supplier Joann has filed for bankruptcy again amid sales troubles and inventory challenges.

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