Stores will remain open for now, but Joann says a “stalking horse” bidder has grim plans for the beloved arts-and-crafts ...
The casual restaurant sector faced financial distress in 2024 with several major chains having no choice but to file for ...
Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.
Retail Dive tracked close to 20 notable bankruptcies in 2024, including repeat offenders like Rue 21 and relative newcomers ...