Great American, lenders win bid for Joann Inc. assets in bankruptcy
A partnership among West Coast asset-disposition firm Great American Group LLC and Joann Inc.'s lenders has won the bid for the Hudson-based fabric and crafts retailer's assets in an auction ordered ...
Who bought Joann? New ownership group is partnership between GA Group, Joann lenders
Joann has a new owner. An exec representing the winning bidder said ownership will work to assist employees, keep most stores ...
Existing Home Sales Retreat 4.9% In January
Existing home sales began the year with their first decline in four months. According to the National Association of Realtors (NAR), sales retreated 4.9% from December to a seasonally adjusted annual ...
Celsius’ (CELH) Sharp Rally Causes Huge Losses for Short Sellers
Celsius Holdings’ (CELH) planned acquisition of rival Alani Nu has resulted in significant losses for short sellers. These investors, who were ...
Home Sales Decline As Prices Reach All-Time High: Affordability A 'Major Challenge,' Economist Says
Home prices rose & sales dwindled in Jan. due to elevated prices limiting buyers' ability. Homes spent longest time on market since COVID-19.
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The Weekly Closeout: GameStop eyes asset sale, Hasbro plans a turnaround
The gaming retailer is seeking buyers for its operations in France and Canada, while the toy company’s CEO said the move ...
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US existing-home sales drop back again with mortgage rates at 7%
The drop in sales comes after the longest stretch of gains since late 2021, which offered some hope that home buyers and ...