Beloved crafts retailer files for bankruptcy, plans to sell company
Crafts retailer, JoAnn Fabrics, has filed for Chapter 11 bankruptcy … again. Last year, JoAnn filed for bankruptcy in March. It emerged from bankruptcy in April as a private company. JoAnn announced on Wednesday that it has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate a…