Crafts Retailer Joann Hits Ch. 11 Again With $616M In Debt

By Alex Wittenberg · January 15, 2025, 11:09 AM EST

Fabrics and crafts retailer Joann Inc. filed for Chapter 11 protection in Delaware bankruptcy court Wednesday with $615.7 million in debt and a plan to sell its assets, the company's second...

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Bankruptcy Scorecard

Summary

Fabrics and crafts retailer Joann Inc. filed for Chapter 11 protection in Delaware bankruptcy court for the second time in under a year, with a plan to sell its assets.

Case Number

1:25-bk-10068

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$615.7 million

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Documents

Case Information

Case Title

JOANN Inc.

Case Number

1:24-bk-10418

Court

Delaware

Nature of Suit

Date Filed

March 18, 2024