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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.
Joann, the fabrics and crafts retailer, has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale.. The 82-year-old retailer said in statement Wednesday ...
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The spokesperson said the closures are part of the ongoing Chapter 11 process and that Joann has already filed a motion in court to get the go-ahead to shutter the roughly 500 locations.
An overpayment scam, also known as a refund scam, is a type of confidence trick designed to prey upon victims' good faith.In the most basic form, an overpayment scam consists of a scammer claiming, falsely, to have sent a victim an excess amount of money.
After further expansion, the store's name was changed to Jo-Ann Fabrics in 1963. The store's name was created by combining the names of the daughters from both families: Joan and Jacqueline Ann. [4] Jo-Ann Fabrics became a publicly held corporation traded on the American Stock Exchange under the name of Fabri-Centers of America, Inc. in 1969 ...
Crafters in 49 states may want to think about stocking up on supplies, as fabric and craft chain Joann prepares to close more than half of its U.S. locations.. The retailer told USA TODAY in a ...
GameStop has been affected by a shift in consumer purchasing habits of games, as makers have made it easier to purchase titles online for download, often through consoles, requiring no physical disc. [140] Gander Mountain, an outdoor recreation retailer, announced in March 2017 that it was filing for bankruptcy and would likely close stores. In ...