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.

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

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

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