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.
Due to financial and inventory issues, Joann filed Chapter 11 bankruptcy for the second time in a year and is seeing closures ...
This is the second time in less than a year that the retailer has filed for bankruptcy. Its stores are likely to close.
First up tonight, a unique space for crafters at DIY Craft and Thrift where things like half-used art supplies and abandoned ...
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