Joann, the Ohio-based fabric and craft retailer, is closing all of its stores in the Philadelphia region, including two in Bucks County.
Joann, the Ohio-based fabric and craft retailer, is closing all of its stores in the Philadelphia region, including two in Bucks County, writes Mary Vanac for the Philadelphia Business Journal.
A New York real estate advisory firm will auction the company’s 790 retail stores and five distribution center leases for its new owners. At the end of February, asset disposition firm Great American Group and the retailer’s term lenders won an auction bid for Joann’s assets…