Research shows that Black Americans are more likely than White Americans to file for bankruptcy and to choose Chapter 13, which is more expensive and often less successful than Chapter 7.

The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...

It filed for Chapter 11 bankruptcy protection in March. After finishing the bankruptcy process, then-CEO Scott Sekella said about 95% of the operating 815 stores were turning a profit.

Joann, the prominent fabric and craft retailer, has filed for Chapter 11 bankruptcy for the second time in less than a year. The Ohio-based company is grappling with significant financial challenges ...

Joann, an 82-year-old fabric and craft retailer, announced it has filed for Chapter 11 bankruptcy for a second time within a year due to financial and inventory issues. The company originally ...

Joann Fabrics has once again filed for Chapter 11 bankruptcy protection and said it would try to sell the business. “The company is seeking court approval to begin a process for the sale of ...

Joann Fabrics announced that it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies ...

Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement. The filing, the release says, is to help "facilitate a sale process to ...

The company simultaneously filed for Chapter 11 bankruptcy protection for the following affiliated business, which also own and operate Twin Peaks locations: The filing comes as the business faces ...