A group of term loan lenders, along with GA Group, a liquidation firm backed by Oaktree Capital Management, won an auction to acquire assets of bankrupt fabric and crafts retailer Joann and plan to ...

All Joann locations are set to close after the fabric and craft retailer was auctioned off to a new ownership group. After filing for Chapter 11 bankruptcy for the second time within a year, Joann's ...

The auction results that put Joann's assets under new leadership have been approved in federal bankruptcy court, paving the way for the fabric and craft retailer to close all store locations by the ...

(Gray News) – Joann Fabrics is reportedly going out of business and closing all of its stores nationwide. Just earlier this month, the company said they would be closing 500 stores and leaving 300 ...