Once popular craft retailer JOANN Fabrics filed for Chapter 11 bankruptcy earlier this week — marking its second time doing ...

Ohio-based crafts retailer JOANN Fabric and Craft stores filed for Chapter 11 Bankruptcy, the company announced Wednesday.

Joann, a fabric and craft retailer, announced it filed for bankruptcy for the second time within a year due to financial and inventory issues.

Spirit Airlines announced it will cut 200 jobs in an effort to reduce costs after filing for bankruptcy in November.

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

When the company exited bankruptcy in April 2024, it touted its "strongest financial foundation in many years." ...