
02/13/2025
February 13, 2024 "After carefully reviewing all available strategic paths to address our ongoing industry, economic and financial challenges, JOANN and its financial stakeholders determined that initiating a court-supervised sale process is the best course of action to maximize the value of the business. "As part of the ongoing Chapter 11 process, on February 12, 2025, JOANN filed a motion seeking court authority to begin closing approximately 500 stores across the nation....
February 13, 2024 “After carefully reviewing all available strategic paths to address our ongoing industry, economic and financial challenges, JOANN and its financial stakeholders determined …