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JOANN Inc.

0.0969

+0.0000

Volume:- -

Turnover:- -

Market Cap:4.06M

PE:-0.02

High:0.0969

Open:0.0969

Low:0.0969

Close:0.0969

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Overview Company News Filings

What happens to gift cards when a chain like Forever 21 or Joann closes stores? Here's what shoppers can do.

What happens to gift cards when a chain like Joann or Dollar General closes stores? Here's what shoppers can do.

B. Riley Financial Announces $160 Million Debt Financing Provided by Oaktree

Joann Store Closures Hit All Locations After the Craft Retailer’s Second Bankruptcy

Fabrics retailer Joann to go out of business and close all of its stores

Joann Plans to Close About 500 Stores

Joann Store Closures Will Target the Majority of Its Locations

Joann, the bankrupt fabrics retailer, is closing 500 of its 800 stores

Joann Bankruptcy: Will the Crafts & Fabrics Retailer Finally Close Stores?

Craft retailer Joann files for bankruptcy for second time in a year

Joann Files For Bankruptcy, Second in Less Than a Year

Joann files for bankruptcy — again

Press Release: JOANN to Remain Open as Company Initiates Voluntary Chapter 11 Process to Maximize Business Value

MEDIA-Retailer Joann is considering second bankruptcy filing in a year - Bloomberg News

Crafts Retailer Joann Engages Advisers Amid Liquidity Pressures

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Here's what shoppers can do.","url":"https://stock-news.laohu8.com/highlight/detail?id=2520952709","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520952709?lang=en_us&edition=fundamental","pubTime":"2025-03-19 07:39","pubTimestamp":1742341140,"startTime":"0","endTime":"0","summary":"Fabrics giant Joann is closing, and the store has stopped taking gift cards - upsetting many customers. Here's what shoppers should know.Americans spent over $300 billion on gift cards last year - but these popular presents can become risky bets when their assigned retailer goes out of business.That's the case playing out right now for fans of Forever 21 and Joann Inc. Both the clothing brand and fabric retailer filed for Chapter 11 bankruptcy protection this year and announced that they would be closing all stores. But like many retail chains that shutter their outlets, the actual closing process doesn't happen overnight. So customers can often try to make the most of the situation by shopping liquidation sales and grabbing products at discounted rates.Customers hoping to use Joann gift cards at any going-out-of-business sales have been met with bad news, however. Not only is Joann no longer taking online orders, but many customers say they've been told that their gift cards will no l","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SBUX","LU1989763690.USD","BK4585","JOAN","LU1585245621.USD","LU0321505868.SGD","BK4209","IE00B3T34201.USD","BK4588","LU1430594728.SGD","BK4535","BK4128","BK4610","DG","WBA","BK4504","BK4200","BK4155","LU0823411888.USD","BK4114","BK4220","LU1989763427.SGD","LU0882574139.USD","LU0321505439.SGD","BK4103"],"gpt_icon":0},{"id":"2519809159","title":"What happens to gift cards when a chain like Joann or Dollar General closes stores? Here's what shoppers can do.","url":"https://stock-news.laohu8.com/highlight/detail?id=2519809159","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519809159?lang=en_us&edition=fundamental","pubTime":"2025-03-14 20:45","pubTimestamp":1741956300,"startTime":"0","endTime":"0","summary":"Fabrics giant Joann is closing, and the store has stopped taking gift cards - upsetting many customers. Here's what shoppers should know.Americans spent over $300 billion on gift cards last year - but these popular presents can become risky bets when their assigned retailer goes out of business.That's the case playing out right now for fans of Joann Inc. The fabric and crafts retailer filed for Chapter 11 bankruptcy protection in January, and announced that it would be closing all of its stores. But like many retail chains that  shutter their outlets, the actual closing process doesn't happen overnight. So customers can often try to make the most of the situation by shopping liquidation sales and grabbing products at discounted rates.Customers banking on using Joann gift cards at any going-out-of-business sales have been met with bad news, however. Not only is Joann no longer taking online orders, but many customers say they've been told that their gift cards will no longer be accepted","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4155","LU0321505439.SGD","WBA","IE00B3T34201.USD","BK4114","LU0321505868.SGD","BK4610","DG","BK4200","BK4585","BK4128","JOAN","BK4209","BK4535","LU1989763427.SGD","SBUX","LU1430594728.SGD","LU0882574139.USD","LU1989763690.USD","BK4504","LU0823411888.USD","BK4103","BK4220","LU1585245621.USD","BK4588"],"gpt_icon":0},{"id":"2514780543","title":"B. Riley Financial Announces $160 Million Debt Financing Provided by Oaktree","url":"https://stock-news.laohu8.com/highlight/detail?id=2514780543","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514780543?lang=en_us&edition=fundamental","pubTime":"2025-02-27 20:00","pubTimestamp":1740657600,"startTime":"0","endTime":"0","summary":"Makes Strategic Investment and Loan in Joint Venture Overseeing JOANN's Liquidation. LOS ANGELES, Feb. 27, 2025 /PRNewswire/ -- B. Riley Financial, Inc.  , a diversified financial services company, today announced that it has entered into a new $160 million senior secured debt facility  provided by funds managed by Oaktree Capital Management, L.P. .B. Riley used approximately $118 million to retire the outstanding debt under its Nomura Senior Secured Credit Agreement and the rest for working capital, including up to $35 million in respect of its portion of the loan and investment in the joint venture overseeing the liquidation of JOANN, the fabric and crafts retailer that is commencing store closing sales at all 790 locations nationwide.The Term Loan Facility carries an interest rate equal to the three-month secured overnight financing rate  plus 8.00%. In addition, the Company issued to Oaktree warrants to purchase an aggregate of 1,832,290 common shares  at an exercise price of $5.14","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/b-riley-financial-announces-160-120000174.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/b-riley-financial-announces-160-120000174.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4200","IE00B7SZL793.SGD","JOAN","RILYP","IE0031619046.USD","RILYL","BK4127","RILY","RILYI","IE00B19Z4B17.USD","IE00B66KJ199.SGD","OACB.U"],"gpt_icon":0},{"id":"2514013307","title":"Joann Store Closures Hit All Locations After the Craft Retailer’s Second Bankruptcy","url":"https://stock-news.laohu8.com/highlight/detail?id=2514013307","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514013307?lang=en_us&edition=fundamental","pubTime":"2025-02-25 23:01","pubTimestamp":1740495719,"startTime":"0","endTime":"0","summary":"Joann store closures are coming to all of the fabric and craft retailer’s locations following its bankruptcy filing.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/joann-store-closures-hit-all-locations-after-the-craft-retailers-second-bankruptcy?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/joann-store-closures-hit-all-locations-after-the-craft-retailers-second-bankruptcy?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["JOAN","BK4200"],"gpt_icon":0},{"id":"2514061849","title":"Fabrics retailer Joann to go out of business and close all of its stores","url":"https://stock-news.laohu8.com/highlight/detail?id=2514061849","media":"CNN Business","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514061849?lang=en_us&edition=fundamental","pubTime":"2025-02-25 17:51","pubTimestamp":1740477112,"startTime":"0","endTime":"0","summary":"Fabrics and crafts retailer Joann, which has been a destination for generations of quilters, knitters and lovers of crafts projects for more than 80 years, is going out of business and shuttering all its stores.The announcement comes after the Hudson, Ohio-based retailer filed for Chapter 11 bankruptcy protection in January, the second time in a year. It cited sluggish consumer demand and inventory shortages. At the time it vowed it would keep all of its stores open.“Joann leadership, our board, advisers and legal partners made every possible effort to pursue a more favorable outcome that would keep the company in business,” Joann said in a statement posted on its website. “We are committed to working constructively with the winning bidder to ensure an orderly wind-down of operations that minimizes the impact on all our stakeholders.”","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://edition.cnn.com/2025/02/25/business/joann-closing-all-stores-intl/index.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"cnn_highlight","symbols":["BK4200","JOAN"],"gpt_icon":0},{"id":"2511258441","title":"Joann Plans to Close About 500 Stores","url":"https://stock-news.laohu8.com/highlight/detail?id=2511258441","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511258441?lang=en_us&edition=fundamental","pubTime":"2025-02-13 04:12","pubTimestamp":1739391120,"startTime":"0","endTime":"0","summary":"Joann plans to close about 500 stores, out of about 800 that it operated as of the time of its January chapter 11 filing.The craft-focused retailer said in January that its stores remained open and that it would seek to sell substantially all of its assets, selecting Gordon Brothers Retail Partners as a stalking-horse bidder.Joann said Wednesday that it is seeking bankruptcy court authority to begin closing stores.\"This was a very difficult decision to make, given the major impact we know it will have on our Team Members, our customers and all of the communities we serve,\" the company said.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["JOAN"],"gpt_icon":0},{"id":"2511581061","title":"Joann Store Closures Will Target the Majority of Its Locations","url":"https://stock-news.laohu8.com/highlight/detail?id=2511581061","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511581061?lang=en_us&edition=fundamental","pubTime":"2025-02-13 03:48","pubTimestamp":1739389709,"startTime":"0","endTime":"0","summary":"Joann is preparing to close 500 of its 800 stores following its bankruptcy filing earlier this year.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/joann-store-closures-will-target-the-majority-of-its-locations?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/joann-store-closures-will-target-the-majority-of-its-locations?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["JOAN","BK4200"],"gpt_icon":0},{"id":"2511301480","title":"Joann, the bankrupt fabrics retailer, is closing 500 of its 800 stores","url":"https://stock-news.laohu8.com/highlight/detail?id=2511301480","media":"CNN Business","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511301480?lang=en_us&edition=fundamental","pubTime":"2025-02-12 23:18","pubTimestamp":1739373532,"startTime":"0","endTime":"0","summary":"Joann, the fabrics and crafts retailer, is closing more than half of its 800 stores in the coming months as it continues to navigate the bankruptcy process.Approximately 500 stores across the United States are closing, the retailer said in a statement to CNN, saying that “right-sizing our store footprint is a critical part of our efforts to ensure the best path forward.”“This was a very difficult decision to make, given the major impact we know it will have on our team members, our customers and all of the communities we serve,” a Joann spokesperson said.The major reduction in its footprint comes after Joann filed for bankruptcy last month for the second time in less than a year. The retailer first filed for Chapter 11 in March 2024, but it emerged a few weeks later as a private company and kept all of its stores open.Beyond Joann, other retailers shuttering locations this year include Kohl’s and Macy’s. In total, more than 15,000 stores are expected to close in 2025 — more than double","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://edition.cnn.com/2025/02/12/business/joann-fabric-closures/index.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"cnn_highlight","symbols":["BK4200","JOAN"],"gpt_icon":0},{"id":"2503718673","title":"Joann Bankruptcy: Will the Crafts & Fabrics Retailer Finally Close Stores?","url":"https://stock-news.laohu8.com/highlight/detail?id=2503718673","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503718673?lang=en_us&edition=fundamental","pubTime":"2025-01-16 02:33","pubTimestamp":1736965990,"startTime":"0","endTime":"0","summary":"Joann is filing for bankruptcy for the second time in just one year as lackluster sales caused debt to soar.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/joann-bankruptcy-will-the-crafts-fabrics-retailer-finally-close-stores?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/joann-bankruptcy-will-the-crafts-fabrics-retailer-finally-close-stores?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["JOAN","BK4200"],"gpt_icon":0},{"id":"2503250616","title":"Craft retailer Joann files for bankruptcy for second time in a year","url":"https://stock-news.laohu8.com/highlight/detail?id=2503250616","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503250616?lang=en_us&edition=fundamental","pubTime":"2025-01-15 23:42","pubTimestamp":1736955765,"startTime":"0","endTime":"0","summary":"By Dietrich Knauth      NEW YORK, Jan 15 (Reuters) - Craft retailer Joann Inc filed for Chapter 11 protection in Delaware on Wednesday, saying that inventory shortages had forced it to back into bankr","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4200","JOAN"],"gpt_icon":0},{"id":"2503461124","title":"Joann Files For Bankruptcy, Second in Less Than a Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2503461124","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503461124?lang=en_us&edition=fundamental","pubTime":"2025-01-15 19:33","pubTimestamp":1736940780,"startTime":"0","endTime":"0","summary":"Joann filed for bankruptcy, its second in less than a year as the company looks to maximize the value of its business.The retailer known for its sewing, knitting and other craft offerings said it has commenced voluntary Chapter 11 proceedings in bankruptcy court. The company is seeking approval to begin a sale of substantially all of its assets to Gordon Brothers Retail Partners, which would serve as the \"stalking horse\" bidder.Joann in March filed for bankruptcy and struck a deal with most of its financial stakeholders. It became a private company in April.Chief Executive Michael Prendergast on Wednesday said it was forced to take this step as challenges in the retail environment combined with its financial position and constrained inventory levels.Joann on Wednesday said its stores and website are open in the ordinary course of business and continue to serve customers.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["JOAN"],"gpt_icon":0},{"id":"2503564808","title":"Joann files for bankruptcy — again","url":"https://stock-news.laohu8.com/highlight/detail?id=2503564808","media":"CNN Business","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503564808?lang=en_us&edition=fundamental","pubTime":"2025-01-15 19:29","pubTimestamp":1736940559,"startTime":"0","endTime":"0","summary":"Joann, the fabrics and crafts retailer, has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale.The 82-year-old retailer said in statement Wednesday that sluggish sales and inventory issues forced Joann to file for Chapter 11 again. Joann first filed for bankruptcy in March 2024 and emerged a month later as a private company, keeping all of its stores open.Joann blamed inventory issues that were “acute and unexpected,” revealing in court documents that it faced an “unexpected ramp-down, and, in some cases, the entire cessation of production” of important items that shoppers come to the store for. That stunted sales and put its $615 million debt in an “untenable position.”However, that has since faded.. Loyal shoppers have also shifted away from Joann to rivals, like Hobby Lobby and Michaels, a retail expert previously told CNN.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://edition.cnn.com/2025/01/15/business/joann-bankruptcy/index.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"cnn_highlight","symbols":["JOAN","BK4200"],"gpt_icon":0},{"id":"2503261377","title":"Press Release: JOANN to Remain Open as Company Initiates Voluntary Chapter 11 Process to Maximize Business Value","url":"https://stock-news.laohu8.com/highlight/detail?id=2503261377","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503261377?lang=en_us&edition=fundamental","pubTime":"2025-01-15 18:32","pubTimestamp":1736937120,"startTime":"0","endTime":"0","summary":"Gordon Brothers to Serve as \"Stalking Horse\" Bidder in Court-Supervised. Company Continues to Serve Customers In-Store and Online During the. the \"Company\"), the nation's category leader in sewing and fabrics with. one of the largest arts and crafts offerings, today announced that it. has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy. Court for the District of Delaware  to facilitate a sale. process to maximize the value of its business. JOANN stores and. JOANN.com are open in the ordinary course and continue to serve. The Company is seeking Court approval to commence a process for the sale. of substantially all of its assets under Section 363 of the U.S.Bankruptcy Code pursuant to which Gordon Brothers Retail Partners, LLC.  would serve as the \"stalking horse\" bidder. The. proposed transaction is subject to higher and better offers, among other. other qualified bids are submitted during the court-supervised sale. processes, the Company plans to conduct an auction o","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4200","JOAN"],"gpt_icon":0},{"id":"2502814010","title":"MEDIA-Retailer Joann is considering second bankruptcy filing in a year - Bloomberg 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