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.

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Fabrics retailer Joann files for bankruptcy

Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending and pandemic-era hobbies.

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Crafts Retailer Joann Files for Chapter 11 Bankruptcy As Consumers Cut Back on Pandemic-Era Hobbies

The fabric and crafts retailer filed Monday for Chapter 11 bankruptcy protection. Here's what that means for the company and its 850 stores.

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Fabric and crafts retailer Joann files for Chapter 11 bankruptcy protection: What to know

Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending

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Crafts retailer Joann files for Chapter 11 bankruptcy protection

Joann, the 81-year-old fabric and craft retailer, has filed for bankruptcy as it struggles with customers cutting back on discretionary spending.

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By Jordan Valinsky, CNN New York (CNN) — 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 o…

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NEW YORK (AP) — Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending. In a Monday release, the Hudson, Ohio-based company said that it expected to emerge from bankruptcy as early as the end of next month. Following this process, Joann will likley become privately-owned by certain lenders and industry parties, the company added — meaning its shares would no lo…

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The crafts and fabrics retailer, which has been operating for more than eight decades, does not plan to shutter any stores

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Joann files for bankruptcy as consumers pull back on nonessentials

By WYATTE GRANTHAM-PHILIPS
AP Business Writer NEW YORK (AP) — Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending and pandemic-era hobbies. The Hudson, Ohio-based company said that it expected to emerge from bankruptcy as early as the end of next month. Following this process, Joann will likley become privately-owned by certain lenders and industry parties, …

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Crafts retailer Joann files for Chapter 11 bankruptcy as consumers cut back on pandemic-era hobbies

Crafts Retailer JOANN files Chapter 11 Bankruptcy citing increasing interest rates and a fall in sales after spike during COVID in 2021 and 2022.

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Crafts retailer JOANN files for bankruptcy

NEW YORK (AP) — Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending. In a Monday release, the […]

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Crafts retailer JOANN files for bankruptcy

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