Tag: Joann bankruptcy

Joann Sparks Outrage by Ceasing Gift Card Use During Store Closures Amid Bankruptcy

Joann Inc. has faced backlash for ending gift card acceptance as it shutters all 800 U.S. stores after a second bankruptcy filing within a year. Customers are furious over the decision, which they deem unfair, as liquidation sales are overseen by GA Group. Stores will shut by late May, while the company focuses on maximizing business value in a court-supervised sale.