Burlington snags 45 of Joann’s store leases out of bankruptcy

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Burlington snags 45 of Joann’s store leases out of bankruptcy
 
Published Monday, May 5, 2025 11:00 am
by Dani James

This is a summary

"Joann went through two bankruptcies in about 10 months, with its lenders and GA Group most recently winning a bankruptcy auction and initiating going-out-of-business sales at all locations.

The retailer first filed bankruptcy in March 2024 with plans to reduce debt by about $500 million. "

Read the original on Retail Dive

Burlington snags 45 of Joann’s store leases out of bankruptcy | Retail Dive

Image credit to Max Harlynking on Unsplash


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Burlington snags 45 of Joann’s store leases out of bankruptcy | Retail Dive

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