The 81-year-old company made the announcement on March 18, CNN reports. The retailer has also secured $132 million in new funding to cut its debt in half. Joann's 850 stores and website will remain operational.
The buyers stepped in after the suggested from Phillip Serrell
Sam, who has raked up an impressive 95,000 followers on TikTok, is one of many young Brits trying to make quick cash by reselling
'A man weaved through the line in front of me, heading to the sandwich section, and I thought nothing of this at first'
Loyal fans of hilarious-but-axed ITV sitcom Benidorm were in shock to see how one regular character has changed so much over the years, and to discover the co-star he has been dating all these years
Taxi spotted dropping off strangers 'at all hours of the day and night'
A member of the Britain’s Got Talent audience has commented on the long-running rumours that a part of the hit entertainment show is faked each week for TV viewers
Fitness star Lisa Marie Zbozen announced the end of her marriage to The Repair Shop presenter Jay Blades, who she wed in November 2022, in an emotional post
I tested supermarket butter from Asda, Tesco, Aldi, and M&S against Lurpak and another branded butter to find out which was best.
Jennifer Gothard won £10,000 on a £3 "triple cashword" scratchcard in March - but is still waiting for her winnings due to a new rule introduced by operator Allwynn
Gardeners could be slapped with a hefty fine or worse
Benidorm actor Jake Canuso, who portrayed bartender Mateo Castellanos in the ITV show, looks worlds away from his former role, six years after the ITV show finished
An Ecuadorian beauty queen was assassinated after her Instagram post of a plate of octopus ceviche led gunmen to the restaurant where she was dining.
A 74-year-old Porsche driver has died after swerving to avoid a pothole, police believe.
It's been 17 years since Madeleine McCann vanished during a family holiday in Portugal - and mum Kate McCann has never given up hope
TV presenter Piers Morgan has claimed King Charles should sit down with Prince Harry and Meghan Markle to discuss the pair's use of their Duke and Duchess of Sussex titles
The EastEnders actor and Strictly Come Dancing finalist joked he wouldn't be returning to the BBC programme after appearing alongside Rebel Wilson
The Conservatives won council by-elections in Hillingdon, Sutton and Wandsworth
Gyles Brandreth says he blames himself for the death of Rod Hull, who died in 1999 when he fell from the roof of his home while attempting to adjust his television aerial. The 63-year-old entertainer was pronounced dead on arrival at hospital with a coroner later recording a verdict of accidental death. Speaking to John Cleese on the latest episode of his Rosebud podcast, Brandreth said: "I killed a man - it was Rod Hull, the emu man."
The mother of a teenage murderer sobbed after her son was sentenced to life in prison.
One night reality hit Jillian Champ when she glanced at herself in the mirror and vowed to change
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