News broke over the weekend that the auction of Joann’s assets revealed the winning bidder to be an LLC established by GA Group, which planned to liquidate and close all stores. The bankruptcy court had a hearing on the sale … Read More ...
Joann Bankruptcy Updates
The filings have been flying in the Joann bankruptcy case, and I’ve got another update for you. Earlier this week I told you about the company asking the bankruptcy court for permission to close around 500 of their 800 retail … Read More ...
Joann Seeks to Close 500 of 800 Stores
Last month we told you about Joann filing for bankruptcy for a second time in less than a year with plans for a possible auction or sale to liquidator Gordon Brothers happening this month.
Today (Feb. 12, 2025) Joann filed … Read More ...