business

40-year-old arts and crafts chain files Chapter 11 bankruptcy - thestreet.com

The arts and crafts retail chain files for bankruptcy, facing financial distress from economic headwinds and tight lending restrictions.

By:Kirk O’Neil, Daniel Kline
Source:TheStreet
Published:
40-year-old arts and crafts chain files Chapter 11 bankruptcy - thestreet.com
Key Points
  • Arts and crafts retailers, such as Joann and Beverlys, closed down operations.
  • Another arts and crafts supply retailer filed for Chapter 11 bankruptcy due to economic pres… [+4525 chars]

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