News Formal

Fabric and arts retailer Joann becomes private company following bankruptcy filing

  • 📰 cleveland19news
  • ⏱ Reading Time:
  • 19 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 68%

Joann Notizia

Fabrics,Sewing,Arts

The company announced it had filed for bankruptcy in the middle of March with the expectation that it would re-emerge from the court-supervised process by the end of the following month.

– Joann, the largest retailer for sewing and fabric supplies, announced it will become a privately owned company in the aftermath of its bankruptcy filing.

The arts and crafts company also said its 800 store locations will remain open and continue to offer supplies “for any creative need.” “We could not have reached this point without the unwavering dedication of our team members, the continued support of our industry partners and landlords, and the tremendous loyalty and enthusiasm of our customers,” he said.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 70. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Fabric and arts retailer Joann becomes private company following bankruptcy filingThe company announced it had filed for bankruptcy in the middle of March with the expectation that it would re-emerge from the court-supervised process by the end of the following month.
Fonte: AKNewsNow - 🏆 460. / 53 Leggi di più »

Joann Inc. to reorganize as private company after filing bankruptcyJoann Inc. announced this week that it expects to complete a reorganization plan soon that will allow it to emerge from bankruptcy as a private company.
Fonte: WEWS - 🏆 323. / 59 Leggi di più »