Joann Fabrics Announces Closure of 500 Stores Amid Second Bankruptcy Filing
The closures will affect stores nationwide, with significant impacts in states such as California, New York, Florida, Indiana, Michigan, and Pennsylvania. Joann Fabrics and Crafts has announced plans to close approximately 500 of its 800 stores across the United States after filing for Chapter 11 bankruptcy for the second time in less than a year. … Read more