Joann Inc., the Hudson, Ohio-based parent of hundreds of Jo-Ann fabrics and craft stores nationwide, filed for Chapter 11 ...

The retail chain could hold an auction for its assets should multiple bidders emerge during the bankruptcy process, the company said.

The chain is the latest national retailer to announce closures. Party City announced at the end of December it was closing all its stores. Big Lots is also shuttering locations but a recent deal may ...

Only time will tell whether Joann, the nation's largest retailer of fabric and crafts, will survive in Northpark Mall. The company recently filed for bankruptcy protection for the second time within a ...

Aiden Reiter So we’re talking about Big Lots, which is a home goods store and, you know, discount seller; container maker Tupperware of, you know, of 1950s fame; fabric seller Jo-Ann Stores.

Joann is part of a group of retailers over the last few months-Big Lots, Party City ... At the time, its corporate name was Jo-Ann Stores Inc. It currently has more than 800 store locations ...

Based on the number of retailers we’ve seen go bankrupt over the past few years: Bed Bath and Beyond, Tuesday Morning, Rite-Aid, Big Lots, etc ... undisclosed bid, Jo-Ann stores would likely be ...

THERE ARE ABOUT 800 JO-ANN STORES NATIONWIDE ... Gordon Brothers Retail Partners, which recently bought much of Big Lots, is the stalking horse bidder at an undisclosed price.

Plenty of U.S. retailers had a challenging 2024 amid higher interest rates and shifting consumer behaviors. Those factors and ...

A new report predicts this year will only get worse for the already-struggling retail sector, with the number of location ...

For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business ...