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Joann fabric and crafts to close all 800 stores nationwide

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.

USA TODAY on MSN · 1h

All of Joann's stores now set to close after new ownership group wins bid

All Joann locations are set to close after the fabric and craft retailer was auctioned off to a new ownership group. After filing for Chapter 11 bankruptcy for the second time within a year,

StamfordAdvocate · 10h

Joann fabric and crafts to close all 800 stores nationwide after second bankruptcy

Joann fabric and craft store in Torrington is facing closure along with nine other locations across Connecticut. A store employee said 11 part-time workers will be impacted at the Torrington Plaza store.

3d

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 ...

9h

Fabric and craft retailer Joann to go out of business and close all stores

Joann said it would close 500 stores nationwide. Now the company will begin winding down operations and conduct ...

Indiana Gazette1d

JoAnn stores won at auction by creditor group over Big Lots! buyer

An auction conducted Friday and Saturday has produced a buyer for the JoAnn Fabrics craft retail stories, including that in ...

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