The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had forced it to file for Chapter 11 once again.
Surf 9, a Florida-based sporting goods retailer, has filed for Chapter 11 bankruptcy, according to court filings. The company listed up to $50 million each of assets and liabilities in its Chapter 11 ...
For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business challenges.
With a Chapter 11 informational site set up at the company makes clear in its Suppler FAQ that "Gordon Brothers has indicated that it intends to pursue ...
Retailer Joann Inc has filed for bankruptcy a 2nd time, warning that a stalking-horse bidder will liquidate if it can't find a better offer.
Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement. The filing, the release says, is to help "facilitate a sale process to ...
Fabric and crafts retailer Joann, which has a store in the Crossing Meadows Shopping Center in Onalaska, last week filed for Chapter 11 bankruptcy protection for the second time within a year ...