Craft supplies retailer JOANN files for bankruptcy, plans McKinney store closing

Joann is holding liquidation sales at all locations, including the McKinney store. (Courtesy Joann)

Craft supplies and fabric retailer Joann will close in McKinney.

In a Feb. 23 news release, Joann announced that all stores will be closing after GA Group and Prepetition Term Loan Agent were selected as the winning bidder to acquire substantially all of Joann’s assets. Company officials filed for chapter 11 bankruptcy Jan. 15…

Story continues

TRENDING NOW

LATEST LOCAL NEWS