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.
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
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 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.
Is Joann Fabrics going out of business? Retailer warns of possible liquidation in second Chapter 11 bankruptcy
Stores will remain open for now, but Joann says a “stalking horse” bidder has grim plans for the beloved arts-and-crafts ...
Crain's Cleveland Business2d
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 Eagle2d
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 Advisor2d
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 Today6d
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.
Gordon Brothers Completes Big Lots Purchase & Facilitates Going Concern Sale
Boston, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has completed the purchase of Big Lots Inc. and facilitated the U.S. closeout retailer’s going concern sale, ...
Yahoo Finance5d
Gordon Brothers Provides Peavey Industries LP C$155M Financing Package & Rationalization Support
Boston, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has provided Peavey Industries LP (Peavey) a financing package of up to C$155 million, consisting of a C$105 ...