Major crafts and hobby goods company files Chapter 11 bankruptcy

thestreet.com/retail/major-crafts-and-hobby-goods-company-files-chapter-11-bankruptcy

The retail sector has faced major bankruptcy filings over the last year, led by huge retailers, including Rite Aid, Joann, Party City, and Forever 21.
Retailers blamed economic challenges they have faced since the Covid-19 pandemic for their financial distress, including rising costs of…

This story appeared on thestreet.com, 2025-07-07 23:48:00.
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