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Joann Inc. Files for Chapter 11 Bankruptcy in Delaware

March 18, 2024, 4:25 AM UTC
Nurin Sofia
Nurin Sofia
Bloomberg News

Joann Inc. files for Chapter 11 bankruptcy protection in Delaware, according to a court filing.

  • Estimated liabilities: $1b-$10b
  • Estimated assets: $500m-$1b
  • NOTE: Retailer Joann Is Said to Plan Bankruptcy Giving Lenders Control

To contact the reporter on this story:
Nurin Sofia in Singapore at nsofia@bloomberg.net

To contact the editors responsible for this story:
Michael Sin at msin12@bloomberg.net

Janine Phakdeetham, Natalie Choy

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