After more than 80 years of providing a destination for creativity, JOANN Stores has announced the acquisition of their assets by GA Group following a comprehensive sale process and auction. The winning bidders plan to wind down operations and conduct going-out-of-business sales at all JOANN locations, subject to court approval.
Customers will have the opportunity to purchase JOANN’s assortment at special prices during the going-out-of-business sales, either in-store, online at JOANN.com, or through the JOANN mobile app. The company is committed to working with the winning bidder to ensure an orderly wind-down that minimizes the negative impact on Team Members, vendors, customers, and communities.
For more information on the claims process and court approval, visit the separate website administered by the company’s claims agent, Kroll. Customers can also contact the Kroll Restructuring Hotline for further assistance. Stay updated on the latest developments regarding JOANN Stores and their going-out-of-business sales.
Attribution:
This article was summarized and republished from the original source.
Please check the original article here: https://www.joannrestructuring.com/.