Joann Stores Likely to Go Out of Business–What Now?
After exiting bankruptcy just last year, JoAnn Stores has filed Chapter 11 again, and it looks like this time they’re done. Gordon Brothers (the company currently liquidating Big Lots and some years back A.C. Moore) is the “stalking horse,” which means the company is open to other bidders, but I wouldn’t hold my breath. If […]
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