UPDATE: Joann bankruptcy auction enters second day after delays
The auction of Hudson-based Joann, which had been scheduled for 9 a.m. on Friday, finally got underway at 4:05 p.m. after a long series of delays that the craft retailer's law firm communicated to virtual attendees logged in to the New York sale.
Joann Inc. assets head to bankruptcy auction
The assets of Joann Inc., the Hudson-based fabric and craft retailer, and its subsidiaries are set to be auctioned by order of the U.S. Bankruptcy Court in Delaware on Friday. The in-person and virtual auction is expected to begin Friday at 9 a.m. in the New York City offices of Kirkland & Ellis LLP, according to bankruptcy court filings.
Six NJ Joann fabric stores begin sales as closures start amid bankruptcy
The closings are part of a Chapter 11 bankruptcy. Chapter 11 gives companies breathing room to get finances in order without going out of business.
Joann bankruptcy auction 'delayed indefinitely' Friday after planned 9 a.m. start
Zoom attendees wait as the auction of Hudson-based Joann, scheduled for 9 a.m. EST in New York on Friday, 'indefinitely' gets pushed back.
Great American, lenders win bid for Joann Inc. assets in bankruptcy
A partnership among West Coast asset-disposition firm Great American Group LLC and Joann Inc.'s lenders has won the bid for the Hudson-based fabric and crafts retailer's assets in an auction ordered by the U.S. Bankruptcy Court in Delaware.
Joann to close 500 of its 800 fabric and craft stores in US after second bankruptcy filing
Popular fabric and craft retailer Joann is closing more than half of its stores in the U.S. after a second bankruptcy filing ...
Stevens Point Journal10d
These central Wisconsin Joann stores are marked to close after latest bankruptcy filings
According to Wednesday reports by USA TODAY, Joann first filed for bankruptcy in March 2024 after the company secured ...
NBC New York10d
Joann fabric and craft company announces plans to close 500 stores amid Chapter 11 bankruptcy
Joann, the well-known fabrics and craft store company, has announced plans to close approximately 500 stores across the ...
USA Today8d
Joann files for bankruptcy, again: How did the retailer get to this point?
Joann, the retailer known for selling fabrics and crafts for the last 82 years, has filed for bankruptcy and says it is preparing to close more than half of its U.S. locations. The retailer told ...
Fabrics and crafts retailer Joann to close 500 stores amid bankruptcy
Sewing and crafts retailer Joann will close 500 of its 800 stores in the United States while undergoing bankruptcy ...
Joann plans to close roughly half its stores after bankruptcy filing
Crafts and fabric retailer Joann plans to close around 500 stores, or roughly half its total, as part of its ongoing Chapter ...
Indiana Daily Student2d
Bloomington JOANN Fabrics set to close amid company’s reported bankruptcy
The Bloomington JOANN Fabrics and Craft store will close along with around 500 other locations nationwide. The closure comes ...
Who bought Joann? New ownership group is partnership between GA Group, Joann lenders
Joann has a new owner. An exec representing the winning bidder said ownership will work to assist employees, keep most stores ...