Joann, the 81-year-old fabric and craft retailer, has filed for bankruptcy as it struggles with customers cutting back on discretionary spending.
Three members of staff at The London Clinic are under investigation over claims of a data breach at the clinic, with the trio believed to have been suspended and facing professional sanctions.
The fabric and crafts retailer operates 800 stores and a website.
The sewing and fabric retailer JOANN has filed for Chapter 11 bankruptcy, announced Monday by the company.
Joann, the 81-year-old fabric and craft retailer, has filed for bankruptcy as it struggles with customers cutting back on discretionary spending. In a statement Monday, the Ohio-based company said it filed for Chapter 11 bankruptcy protection and has secured $132 million in fresh funding that helps reduce its debt in half, which had ballooned to $1 billion. Its roughly 850 stores and website will remain open for business. Joann’s revenue has been on the decline in recent years, except for a...
Crafts retailer JOANN filed for Chapter 11 bankruptcy early Monday morning. The company, with over 800 stores nationwide, is best known for selling craft supplies, home decor and sewing supplies.
(WJET/WFXP) — Crafts Retailer JOANN filed for Chapter 11 bankruptcy early Monday morning. The company, with over 800 stores nationwide, is best known for selling craft supplies, home decor and sewing supplies. The recent filing allows JOANN to continue to operate while they repay their debts, that means no stores or online shopping is expected []
Workers nationwide may opt to enjoy a long holiday break or hefty pay this Holy Week.
Iconic arts and crafts retail chain Joann has filed for bankruptcy as inflation keeps customers at home.
After eight decades, craft retailer Joann has filed for bankruptcy. In a
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