Webjoann inc, the owner of the joann chain of sewing and fabric stores, is filing for chapter 11 bankruptcy, the company has announced. The company's stores and website will remain open. The retail chain said it.

But diyers need not worry just yet:. Webmar 18, 2024 · joann fabrics and crafts has filed for chapter 11 bankruptcy protection as it seeks to reorganize its finances. Webmar 18, 2024 · fabric and crafts retailer joann declared bankruptcy on monday amid spending cutbacks from consumers and higher operating costs.