Joann Fabrics and Crafts has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale.

Big Lots is under new ownership after a last-minute sale went through that will keep hundreds of stores in operation and ...

In the latest sign of trouble for specialty retailers, Joann is seeking Chapter 11 protection for the second time in less ...

Crafts and fabric retailer Joann Inc. has filed bankruptcy for the second time in less than a year, as its sales continue to ...

The 82-year-old retailer said in statement Wednesday that sluggish sales and inventory issues forced Joann to file for ...

Gordon Brothers has handled liquidation of several prominent defunct brands, including Bed Bath & Beyond, CompUSA, KB Toys, ...

Gordon Brothers supported the transaction by helping Big Lots secure a $200 million delayed draw term loan and a $150 million ...

As the Hanover and York Big Lots began their closure sales, the Pa. Attorney General's Office has recently issued an advisory ...

Attorney General Michelle Henry is warning Pennsylvanians to protect themselves as Big Lots closes its remaining 64 stores ...

Attorney General Michelle Henry is notifying Pennsylvania consumers that Big Lots — one of the nation’s largest closeout ...

This comes after Big Lots announced it would be closing down all its locations after previous store closings and the company's filing for Chapter 11 bankruptcy. While a Big Lots spokesperson said ...

Big Lots launched Chapter 11 bankruptcy proceedings in early September to help facilitate the sale of "substantially all" of its assets to its "stalking horse bidder" Nexus Capital Management.