Once-iconic stores like Express, Rue 21, Joann, Big Lots and Party City filed for bankruptcy. Some, such as crafts retailer ...
Joann, the popular crafts and fabric store chain, has filed for Chapter 11 bankruptcy and is set to close all stores after failing to secure a buyer to remain in business.
"We will help you close these stores with empathy, professionalism and efficiency," the CEO of the winning bidder said.
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