The company also spends $26million per month on rent at its stores. The crafts company vowed in last month's filing, which cited sluggish consumer demand and inventory shortages, to keep all of ...

knitters and lovers of crafts projects for more than 80 years, is going out of business and shuttering all its stores. The announcement comes after the Hudson, Ohio-based retailer filed for ...

Joann is going out of business, with the more than 80-year-old fabric and crafts retailer set to close all of its stores nationwide after filing for Chapter 11 bankruptcy protection for a second time.

Joann Fabrics and Crafts, which earlier announced the closure of 2/3 of its locations, is now planning to close all remaining stores. The national craft chain provided an update about its ...

NEW YORK, Feb 24 (Reuters) - Crafts retailer Joann Inc plans to close all of its stores in bankruptcy, after failing to find a buyer willing to preserve some of the 82-year-old company's 800 U.S ...

The announcement that the chain would close all 800 of its stores in 49 states comes after a period of financial turmoil. By Sara Ruberg Joann, the fabrics and crafts retailer that has supplied ...

Feb. 12 (UPI) --Sewing and crafts retailer Joann will close 500 of its 800 stores in the United States while undergoing bankruptcy restructuring. The popular retailer isn't going out of business ...

Fabric and crafting store Joann is set to close more than half of its 800 stores as part of the bankruptcy process. The company, which filed for Chapter 11 protection a second time last month ...

By Sara Ruberg Joann, the financially troubled arts-and-crafts retailer, announced Wednesday that it was preparing to close 500 of its 800 remaining stores after its latest bankruptcy filing.