Beloved retailer with 850 stores nationwide ‘to file for bankruptcy in days’ – after launching 90% off closing down sale ...Middle East

A MAJOR sewing and crafts retailer with hundreds of stores has been tipped to file for bankruptcy. The revelation comes days after a Joann store in Ohio launched a 90 per cent off closing down sale. GettyJoann has been trying to shore up the chain’s finances – amid reports of a possible bankruptcy filing[/caption] AlamyThe fabrics and crafts retailer has some 850 stores nationwide, and was launched back in 1943[/caption] The fabric and craft specialty retailer has about 850 outlets across about 50 states. But its bosses are currently considering lodging a bankruptcy filing as soon as next week, claimed Bloomberg. Joann is currently looking into entering a special deal with

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