After filing for Chapter 11 bankruptcy and having its remaining assets sold, Joann Fabrics closed all 800 of its craft stores early this year, including locations in Reno, Carson City and Elko. Now, ...
(CNN) – Michaels is jumping into the void left by the collapse of Joann Fabrics. Michaels announced it is buying the fabric retailer’s private label and drastically expanding its sewing selection.
Michaels is hoping to sew up the business of fans who frequented the fabric and craft chain Joann, which closed all of its stores after filing for bankruptcy. Michaels has acquired Joann's ...
Joann stores will not reopen, but the company’s intellectual property and private-label brands have been acquired by a different retailer. PAUL VIDELA [email protected] Michaels acquired Joann's ...
Fiber artists and shop owners are beginning to feel the pinch as a result of a recent presidential order to add tariffs to ...
A few months after the collapse of Joann, a former foe is reviving the crafting and fabric store's brand name.Michaels announced Wednesday that it is bringing a "Knit & Sew Shop" format to all of its ...