Joann, the fabrics and crafts retailer, has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale. The 82-year-old retailer said in statement Wednesday that ...

Joann, an 82-year-old fabric and craft retailer, announced it has filed for Chapter 11 bankruptcy for a second time within a year due to financial and inventory issues. The company originally ...

The craft supplies and fabric retailer Joann filed for bankruptcy for the second time in less than a year, as the chain wrestles with declining sales and inventory shortages, the company said ...

Spirit Airlines announced it will cut 200 jobs in an effort to reduce costs after filing for bankruptcy in November. The airlines filed for Chapter 11 bankruptcy protection due to challenges with ...

A healthcare company that owns and operates more than 182 hospitals and clinics nationwide filed for Chapter 11 bankruptcy protection in a Texas federal court on Saturday. Prospect Medical ...

Tim Dolighan cartoon for Dec. 7, 2024.

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The national retail chain announced this week that it is declaring bankruptcy for the second time in a year. The company that saved some Big Lots stores might be the new buyer. Here's what we know.