Local Joann Fabric and Crafts locations are on the chopping block as the company plans to close more than half of its stores across the country. Locations at 2311 Ohio Ave., Unit C, Parkersburg; 448 Pike St.
McKinney’s Furniture and Mattress Direct, a small retail chain based in East Liverpool, Ohio, is set to close its Beaver County store.
Bankrupt sewing and yarn supply retailer Joann is closing its stores after more than 80 years in business. The Hudson, Ohio-based company said that it would sell itself in a liquidation bid after no buyers emerged to run its operations as a going concern.
Last month, the Hudson, Ohio-based retailer filed for Chapter 11 bankruptcy protection for the second time within a year.
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.
The going-out-of-business sales are underway at Joann Fabrics, which is closing 500 stores. See the full list of Ohio stores that will soon close.
Last month, the Hudson, Ohio-based retailer filed for Chapter 11 bankruptcy protection for the second time within a year.
In collaboration with the new ownership group, the Hudson, Ohio-based retailer announced it will shut down operations at all stores after conducting going-out-of-business sales at each location.
Hudson, Ohio-based Joann Inc., which is in the midst of a Chapter 11 bankruptcy reorganization, plans to close nearly two-thirds of its 800 stores, according to documents filed with the court on Feb.
The Hudson, Ohio-based fabric and craft retailer is closing around 500 stores across the U.S., including the stores in West Central Ohio.
While the company initially planned to keep stores operating during bankruptcy proceedings, the situation shifted in January when JOANN initiated Chapter 11 proceedings to begin a
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