Though it’s a drastic step for retail or other business owners to consider, executives at crafts and fabric chain Joann filed for bankruptcy on Monday, under a debt reduction deal that will put the ...

NEW YORK (AP) - Arts and crafts retailer Michaels Stores Inc. is crafting a return to public stock markets with its filing Friday for a $500 million initial public offering. The filing comes six years ...

For the second time in less than a year, Joann Inc. filed for Chapter 11 bankruptcy protection. This time, it’s also trying to sell itself to another company in an effort to “maximize the value of its ...

Joann — the craft store chain formerly known as Jo-Ann Fabrics — has filed for bankruptcy amid ongoing financial troubles. But DIYers need not worry just yet: The company's more than 800 stores ...