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Moving Joann Inc. Stop to stop taking gift cards after February 28th was angry with some customers of a retail dealer when the company ended its operations.
The company announced at the beginning of this year that it has entered Chapter 11 Protection of bankruptcy The second time to “facilitate the sales process that maximizes the value of his business”. Joann first applied for chapter 11 in March 2024.
Joann 23. February said that Ga Group and her agent would become the owner of “substantially” all “of the assets of the retailer, while those who won the candidates All Joann's places.
At the beginning of this year, Joann announced that she entered bankruptcy for the second time in Chapter 11. (Daniel Acker / Bloomberg via Getty Images / Getty Images)
Joann craft seller closes all US stores, one month after bankruptcy in Chapter 11
The document on the website of the restructuring of the retailer said that Joann's shops “by February 28 accepts gift cards”.
The company has hundreds of places across the US. The final sales held in stores will take about 12 weeks “until the end of May or until she supplies supplies,” Ga Group said in a press release at the beginning of this month.
Jo-Ann has hundreds of places all over the US (Tim Leady/Medianews Group/Reading Eagle via Getty/Getty images)
In recent days, social media users have expressed dissatisfaction that they are unable to use Joann gift cards.
Facebook user called this “robbery on the highway” that Joann “will not honor gift cards when they liked to receive money for them.”
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“I just want you to know how incredibly upsetting is that you cut off our ability to use gift cards.
“You cut off the gift cards so quickly with a small announcement,” another Instagram user said.
Fox Business pulled Joann to express.
The customer enters the Joann store in El Cerrito, California 8. (David Paul Morris / Bloomberg via Getty Images / Getty Images)
Joann said on his website restructuring that shops will keep their door open until the final sales end, with its web pages and applications The remaining functional during this time only for information about the browsing and availability of the product. Customers must go to physical store to make a purchase.
Main files of craft sellers for bankruptcy
In his January bankruptcy, the retailer estimated that he had $ 1 billion to assemble and commitments.
