This is the second time in less than a year that the retailer has filed for bankruptcy. Its stores are likely to close.

The retail chain could hold an auction for its assets should multiple bidders emerge during the bankruptcy process, the ...

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Blackstone Mortgage Trust had scheduled a UCC foreclosure auction after Penn-Florida defaulted on a $145M loan.

The retailer said its stores under the Joann banner and the website remain open for business and will continue to serve ...

Joann Fabrics is filing for bankruptcy for the second time since last March, and there is already talk of a bidder that might buy the company.

Sarah Mahoney @mahoney_sarah, 5 minutes ago; Joann, the largest sewing and fabric store in the U.S., has filed for Chapter 11 bankruptcy protection, the second time it has done ...

Joann Inc., the Hudson, Ohio-based parent of hundreds of Jo-Ann fabrics and craft stores nationwide, filed for Chapter 11 ...

Joann Fabrics announced it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies provide ...

Currently an investment firm from Boston specializing in distressed companies is the stalking horse bidder. Late last month, ...

Arts and crafts retailer Joann is declaring bankruptcy for the second time in less than a year, officials said. Joann filed ...