However, this Wednesday, the chain announced that it'll be closing hundreds of locations across 40 states. "As part of the ongoing Chapter 11 process and our efforts to maximize the value of the ...

WASHINGTON — Joann, the crafting and fabrics retailer, will be shutting down and conducting going-out-of-business sales at all its store locations. The company declared chapter 11 bankruptcy in ...

Arts and crafts retail chain Joann has announced it will be closing all of its locations nationwide. The chain announced that it was filing for bankruptcy in January, and earlier this month ...

The business model has also been criticized for its negative impact on the environment. “Forever 21 has not helped itself through these challenges: merchandising and the assortment have been ...

As the going-out-of-business sales continue, however, Joann has announced that they will no longer be accepting gift cards sold by the company. The policy to no longer accept the gift cards into ...

In the event of a successful sale, the company may pivot away from a "full wind down of operations to facilitate a going-concern transaction." Forever 21 stores and website will remain open in the ...