A group of term loan lenders, along with GA Group, a liquidation firm backed by Oaktree Capital Management, won an auction to ...

Joann is now set to close all of its store locations after previously announcing the closure of approximately 500.

Joann, the fabric and craft retailer, is set to close all locations after being auctioned off to a new ownership group.

A group of term loan lenders, along with GA Group, a liquidation firm backed by Oaktree Capital Management, won an auction to ...

The fabric and crafts retailer had filed for bankruptcy in January, citing sluggish consumer demand and inventory shortages.

Instead of closing about half of its locations, the fabric and craft store Joann will close all stores. Joann sold its assets ...

(TNND) — After filing for bankruptcy just a few weeks ago, all Joann locations are set to close. Joann originally filed for ...

The crafts retailer said Sunday that financial services company GA Group and lenders will “acquire substantially all of Joann ...

The announcement that the chain would close all 800 of its stores in 49 states comes after a period of financial turmoil.