Joann has filed for Chapter 11 bankruptcy for a second time within a year due to financial and inventory issues. The Ohio-based company first filed for bankruptcy in March 2024 but was able to keep its doors open after emerging as a private company.

According to reports, the beleaguered fabric and crafts store may consider a second bankruptcy filing. Joann filed for bankruptcy last March.

Since emerging from bankruptcy court as a private company in April 2024, Joann Inc. has worked to improve its store inventories and become profitable again. However, before this process was completed, Joann experienced increasingly tight cash flow, making it impossible to make its debt payments, the company said in a bankruptcy court filing.

On the heels of store closures announced by Joann Fabrics, Kohl's is planning to close 27 stores, including two in Ohio. Here's where they are.

Joann Inc., the Hudson, Ohio-based parent of hundreds of Jo-Ann fabrics and craft stores nationwide, filed for Chapter 11 bankruptcy protection in Delaware on Wednesday — the company's second bankruptcy filing in two years.

Several Joann stores are closing as the fabric and crafts store files for Chapter 11 bankruptcy for the second time.

Hundreds of JOANN employees in Northeast Ohio could potentially lose their jobs, following the company’s second Chapter 11 bankruptcy filing in less than a year, FOX 8 has learned.

Fabric and craft retailer JoAnn has let 661 workers at its Summit County, Ohio headquarters know that they could be unemployed by March if a buyer isn’t found for the company.

There’s no going-out-of-business sales announced at this point for JOANN, the Hudson, Ohio-based fabric and crafts retailer that filed for Chapter 11 last week for the second time in a year.

There are three other Big Lots locations in Louisville (6650 Dixie Highway and 5518 New Cut Road; and 3938 Taylorsville Road, which is listed by Google as "temporarily closed" and not listed on Big Lots' location webpage) and Elizabethtown, Kentucky.

Joann, the Ohio-based fabric and craft store, has again filed for bankruptcy and plans to sell all assets to the same company that recently acquired Big Lots. One of the largest arts and crafts retailers,

Ohio-based crafts retailer JOANN Fabric and Craft stores filed for Chapter 11 Bankruptcy, the company announced Wednesday.