Kroll Restructuring Administration
On January 15, 2025, JOANN Inc. (“JOANN”) commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate a sale process to maximize the value of its business. JOANN stores and JOANN.com are open and continue to serve customers.
JOANN Restructuring
Court filings and information regarding the claims process are available on a separate website administered by the Company’s claims agent, Kroll at https://cases.ra.kroll.com/Joann2025. Kroll Restructuring Hotline Toll-free: (844) 712-2239 International: (646) 863-7121 Email: [email protected]
Joann Inc. assets head to auction in bankruptcy court
10 hours ago · Joann Inc. filed for Chapter 11 bankruptcy protection last month, its second bankruptcy filing in a year. Gabby Jones/The New York Times By Mary Vanac – Staff Reporter, Cleveland Business Journal
Joann stores closing: Why the retailer filed for bankruptcy, again
Feb 14, 2025 · Joann, the retailer known for selling fabrics and crafts for the last 82 years, has filed for bankruptcy and says it is preparing to close more than half of its U.S. locations.
Is Joann closing? What to know after second bankruptcy filing
Jan 16, 2025 · Joann, an 82-year-old fabric and craft retailer, announced it has filed for Chapter 11 bankruptcy for a second time within a year due to financial and inventory issues.
Kroll Restructuring Administration
To implement the deleveraging transactions contemplated by the TSA, JOANN and nine (9) of its subsidiaries (collectively, the “Debtors”) commenced prepackaged bankruptcy cases in the United States Bankruptcy Court for the District of Delaware (the “Court”) on March 18, 2024.
Joann to close 500 stores after filing for second bankruptcy
Feb 12, 2025 · Last month, Joann’s interim chief executive, Michael Prendergast, blamed the second bankruptcy filing on a challenging retail environment, as shoppers cut back on spending amid sticky inflation ...
Joann, the Fabric and Crafts Chain, Will Close 500 Stores Across U.S.
Feb 12, 2025 · 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.
Hudson-based Joann files for bankruptcy for second time in year
Jan 15, 2025 · Hudson-based Joann Inc. filed for Chapter 11 bankruptcy protection Wednesday for the second time in a little over 10 months, the company confirmed on the heels of news reports warning of financial instability.
Joann files for bankruptcy as pandemic-era crafting declines - AP …
Mar 18, 2024 · Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy, as consumers cut back on discretionary spending and pandemic-era hobbies.
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