Joann to close all its fabric and craft stores amid bankruptcy
Joann has announced its plans to shut down all its fabric and craft stores following a bankruptcy filing in January. In a statement released on Sunday, the company confirmed that GA Group, along with the Prepetition Term Loan Agent, has been chosen as the winning bidder to acquire nearly all of Joann's assets.
The crafts retailer said Sunday that financial services company GA Group and lenders will “acquire substantially all of Joann ...
It’s finally happening. After months of speculation, bankruptcy filings, and the closure of a smattering of stores, Joann ...
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