Crafts Retailer Joann Files for Bankruptcy
After a pandemic-era boom in sales, Joann has been dealing with a pullback in consumer spending on at-home projects. The retailer will become a private company owned by a group of its creditors.
After a pandemic-era boom in sales, Joann has been dealing with a pullback in consumer spending on at-home projects. The retailer will become a private company owned by a group of its creditors.