by Mike Duff | Mar 20, 2024 | Retail Articles
Home crafts specialist Joann has initiated a voluntary prepackaged Chapter 11 filing with the United States Bankruptcy Court for the District of Delaware and has a transaction support agreement in place. According to Joann, the company made the bankruptcy move with...
by Mike Duff | Dec 6, 2023 | Retail Articles
Joann missed third-quarter Wall Street estimates on sales and earnings while citing double-digit e-commerce growth as a positive development. Net loss was $21.6 million, or 51 cents per diluted share, versus $17.5 million, or 43 cents per diluted share, in the...
