After a pandemic-era boom in sales, Joann has been dealing with a pullback in consumer spending on at-home projects. The retailer will become a private company owned by a group of its creditors. By J.
For the second time in less than a year, Joann Inc. filed for Chapter 11 bankruptcy protection. This time, it’s also trying to sell itself to another company in an effort to “maximize the value of its ...
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