The craft supply store just filed for bankruptcy for the second time within a yearhere’s what that means.
The 82-year-old retailer is seeking approval from the bankruptcy court to sell the company.
This was expected to reduce their debt by about $505 million.
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However, the challenges persisted.
Is This the Official End for Joann?
However, it’s still actively soliciting alternate bids.
“Total bummer,” one wrote.
Most users weren’t too shocked.
We have 4 in my town.
Every single one is ALWAYS busy.
this makes me sad."
So if you’re disheartened, know you’re not alone.
Connect with your fellow crafters for supportand to share alternativelocal retailersyou can rely on to source your supplies.
