Hudson-Based JOANN Files For Bankruptcy Again

Jo-Ann Fabrics

Photo: RiverNorthPhotography / iStock Unreleased / Getty Images

Hudson-based JOANN is filing for bankruptcy for the second time in the last year.

The craft retailer -- founded in Cleveland more than 80 years ago -- filed for bankruptcy in early 2024 and did so again yesterday.

The company is reportedly looking to sell to a new owner and already has attracted some interest.

JOANN operates around 800 stores with approximately 19,000 employees.


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