Joann to potentially lay off over 400 employees in March
Joann's bankruptcy could impact Central Ohio jobs with closure of distribution center
Gordon Brothers Retail Partners LLC – the same firm that recently saved between 200 and 400 Big Lots stores from being liquidated – would serve as the "stalking horse" bidder for the Joann Inc. assets in bankruptcy court, providing a floor for any future bids.
The closure announcement of Joann’s Alabama center follows a recent financial spiral for the Ohio-based retailer, including a ...
Joann has filed for bankruptcy twice in the past year. What does this mean for retail locations in Salem and Albany?
The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...
A notice filed this week applies to Joann's Distribution Center in Opelika. The distribution center's closure would result in ...
JOANN will close its Visalia distribution center in March, laying off 209 employees. Its January bankruptcy is the second one ...
The layoffs of the logistics workers would begin on March 31, according to the WARN notices. Earlier this month, Joann told ...
Joann has filed for Chapter 11 bankruptcy for a second time within a year due to financial and inventory issues. The ...
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600+ JOANN employees could lose jobs in HudsonHundreds of JOANN employees in Northeast Ohio could potentially lose their jobs, following the company’s second Chapter 11 ...
According to a proposed deal in its latest Chapter 11 bankruptcy filed on Jan. 15, Joann still owes a group of creditors more ...
The transition comes as the lingerie retailer is pursuing a turnaround under a new CEO following market share declines and other challenges.
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