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 ...

As part of the restructuring, Diamond has received a $39 million “stalking horse” bid from an affiliate of Universal ...

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

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

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 ...

Craft retailer JOANN filed for Chapter 11 bankruptcy on Wednesday morning, marking the second time the company has done so in ...

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

Joann, the crafts and fabrics chain, has filed for bankruptcy a second time in less than a year. The Ohio-based company first ...

For the second time since March, national crafts retailer Joann has filed for Chapter 11 bankruptcy and is now looking for a ...

JOANN Inc. could be the latest retailer to disappear from the landscape after filing Chapter 11 proceedings in the U.S.

Joann Fabrics and Crafts has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale.