Craft Retailer Joann Files for Bankruptcy for Second Time in a Year
Craft Retailer Joann Files for Bankruptcy for Second Time in a Year
Craft retailer Joann Inc filed for Chapter 11 protection in Delaware on Wednesday, saying that inventory shortages had forced it to back into bankruptcy for the second time in less than a year. Joann said it intends to seek a buyer for its business, which has the “potential” to survive under the right ownership. If […]