Joann, an Ohio-based crafts retailer, is trying to shutter more than half of its 800 locations nationwide as it restructures under the Chapter 11 bankruptcy process.
With e-commerce sales expected to grow again in 2025, the challenge of managing shipping logistics has taken center stage. Both to and from consumers’ front doors.
Struggling fabric and crafts seller Joann plans to close about 500 of its stores across the U.S. — or more than half of its ...
Delaware's leading marijuana industry advocates are concerned about whether existing medical businesses will have a head start on new licensees.
The move to close 500 stores comes after Joann declared bankruptcy for the second time in less than a year. The closures would leave it with far fewer stores than competitors Hobby Lobby and Michaels.
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Joann stores closing
Why now: Joann has lost market share to online retailers and competitors such as Hobby Lobby and Michaels, according to a ...
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Q4 2024 Earnings Call Transcript February 11, 2025 Operator: Greetings, welcome to the NNN REIT, Inc. Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A ...