The fabric and crafts retailer had filed for bankruptcy in January, citing sluggish consumer demand and inventory shortages.

Joann has a new owner. An exec representing the winning bidder said ownership will work to assist employees, keep most stores ...

A group of term loan lenders, along with GA Group, a liquidation firm backed by Oaktree Capital Management, won an auction to ...

Joann is now set to close all of its store locations after previously announcing the closure of approximately 500.

Joann has announced its plans to shut down all its fabric and craft stores following a bankruptcy filing in January. In a ...

The announcement that the chain would close all 800 of its stores in 49 states comes after a period of financial turmoil.

The crafts retailer said Sunday that financial services company GA Group and lenders will “acquire substantially all of Joann ...