Last month, the company filed for bankruptcy and its more than 800 store locations remained open throughout the process.
JoAnn had filed for bankruptcy with $2.4 billion in debt, the company said in a bankruptcy document. As it emerges from bankruptcy, JoAnn will be a private company owned by some of the company’s financial stakeholders and industry parties.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação: