Fabric retailer Joann has filed for Chapter 11 bankruptcy and will see its stock delisted from the Nasdaq. No store closures were immediately announced.
The fabric and sewing chain, which dates back to 1943, says it will continue to operate normally after filing for Chapter 11.
Fabrics retailer Joann files for bankruptcy
Joann files for Chapter 11 bankruptcy, stores to remain open
Joann Inc., the Hudson-based retailer, on the brink of Chapter 11 bankruptcy, report says
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