UPDATE: Joann bankruptcy auction enters second day after delays
The auction of Hudson-based Joann, which had been scheduled for 9 a.m. on Friday, finally got underway at 4:05 p.m. after a long series of delays that the craft retailer's law firm communicated to virtual attendees logged in to the New York sale.
Joann Inc. assets head to bankruptcy auction
The assets of Joann Inc., the Hudson-based fabric and craft retailer, and its subsidiaries are set to be auctioned by order of the U.S. Bankruptcy Court in Delaware on Friday. The in-person and virtual auction is expected to begin Friday at 9 a.m. in the New York City offices of Kirkland & Ellis LLP, according to bankruptcy court filings.
Joann Inc. is now up for auction
What started as a single storefront in Cleveland has grown to more than 800 stores across the U.S., but now major changes are ahead for Joann as the company prepares for an auction.
Joann heads to auction block Friday after bidders signal interest to bankruptcy court
Struggling Hudson-based retailer Joann Inc. has attracted interest beyond "stalking horse" bidder Gordon Brothers, and it will head to auction Friday.
Great American, lenders win bid for Joann Inc. assets in bankruptcy
A partnership among West Coast asset-disposition firm Great American Group LLC and Joann Inc.'s lenders has won the bid for the Hudson-based fabric and crafts retailer's assets in an auction ordered by the U.S. Bankruptcy Court in Delaware.
Who bought Joann? New ownership group is partnership between GA Group, Joann lenders
Joann has a new owner. An exec representing the winning bidder said ownership will work to assist employees, keep most stores ...
Joann Inc. nears answer on whether Gordon Brothers firm will win 'stalking horse' bid
When Joann filed for Chapter 11 bankruptcy on Jan. 15, it identified the firm Gordon Brothers Retail Partners as the ...
Joann Is Closing 533 of Its 800 Stores, Including 67 in California and 42 in Florida — Here’s the List
Joann is closing 533 of its 800 fabrics and crafts stores as part of its bankruptcy process. The list includes at least 67 ...
Joann Fabrics to close nationwide, including these Cincinnati, Northern Kentucky stores
Joann Fabrics announced Wednesday that it will close 500 stores nationwide including locations in Greater Cincinnati and ...
USA Today10d
Buyer for Joann Inc. could emerge this week with bids due in bankruptcy court
Joann bankruptcy filings include a bid deadline of 5 p.m. on Wednesday; notice of winning bidder Thursday if there's no auction; and a possible auction Friday, if applicable to the case and ...
Six NJ Joann fabric stores begin sales as closures start amid bankruptcy
The closings are part of a Chapter 11 bankruptcy. Chapter 11 gives companies breathing room to get finances in order without going out of business.
Arizona Daily Sun1d
Liquidation sale at Flagstaff Joann location underway following court approval
Stores will be closed over the upcoming months, according to a company spokesperson, with Flagstaff's sale already including ...
Joann's interim leaders are consultants who aim to salvage worth of struggling brands
"stalking horse bidder" or an opposing bid at auction, the arts and crafts retailer filed a motion in federal bankruptcy ...