Joann files for bankruptcy for second time within a year, seeks to sell all assets
Joann, a fabric and craft retailer, announced it filed for bankruptcy for the second time within a year due to financial and inventory issues.
Beloved crafts retailer files for bankruptcy, plans to sell company
This is the second time in less than a year that the retailer has filed for bankruptcy. Its stores are likely to close.
Iconic craft store files bankruptcy, second time in one year
Once popular craft retailer JOANN Fabrics filed for Chapter 11 bankruptcy earlier this week — marking its second time doing so in the last 10 months. The company first filed for bankruptcy in March 2024, later emerging from bankruptcy as a private company in April.
Joann Fabrics declares bankruptcy and will seek a buyer
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 approv
Joann Inc. files for second bankruptcy, plans to sell assets
When the company exited bankruptcy in April 2024, it touted its "strongest financial foundation in many years."
Crafts retailer Joann files second bankruptcy in a year
Joann has 20 locations in Massachusetts, according to its website, as well 27 outposts across New Hampshire, Vermont, Connecticut, Maine, and Rhode Island.
Joann Files For Bankruptcy, Second in Less Than a Year
Joann filed for bankruptcy, its second in less than a year as the company looks to maximize the value of its business.
Big Lots store closures update: Hundreds of leases go up for sale as companies work ‘expeditiously’ to decide which locations to save
After saying last month that 200-400 stores would stay open, Big Lots told a court that the parties involved need until April ...
Crain's Cleveland Business1d
Cleveland Big Lots among those having leases sold by Gordon Brothers
Gordon Brothers' purchase of Big Lots Inc. was completed Jan. 9, according to a press release from the firm, but the ...
Berkshire Eagle1d
The remaining lease held by the Dalton Avenue Big Lots is for sale, ending hopes it will remain open
PITTSFIELD — The remaining lease for the Big Lots store on Dalton Avenue has been listed for sale by the company that ...
ABL Advisor1d
JOANN Files Chapter 11 Again, Gordon Brothers to Serve as “Stalking Horse” Bidder
JOANN Emerges from Restructuring Process with $153MM Exit Financing Facility The Company is seeking Court approval to commence a process for the sale of substantially all of its assets under Section ...
Home Accents Today5d
It’s official: Gordon Brothers completes Big Lots purchase
With the sale complete, it is expected that Variety Wholesalers will acquire at least 200 of the Top 100 retailer's stores.
Total Retail10d
Big Lots Closes Strategic Deal With Gordon Brothers, Saving 200 to 400 Stores
Big Lots has concluded its sale agreement with investment firm Gordon Brothers Retail Partners, securing the brand's future ...
ProgressiveGrocer11d
Big Lots Closes Sale to Gordon Brothers Retail Partners
Closeout retailer completes deal that will save up to 400 of its approximately 950 stores from going out of business ...
Gordon Brothers Provides Peavey Industries LP C$155M Financing Package & Rationalization Support
Financing and store and inventory rationalization will support Canadian specialty farm and ranch retailer’s go-forward strategy and continued operationsBoston, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Gordon ...