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.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: