All Joann stores to close as auction winners plan to liquidate assets

siliconvalley.com/2025/02/24/oaktree-backed-ga-group-lenders-win-auction-for-bankrupt-joann

By Dorothy Ma and Jill R. Shah | Bloomberg
A group of term loan lenders, along with GA Group, a liquidation firm backed by Oaktree Capital Management, won an auction to acquire assets of bankrupt fabric and crafts retailer Joann and plan to shutter all of its stores.
GA Joann Retail…

This story appeared on siliconvalley.com, 2025-02-24 20:03:44.
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