The company said on Sunday that after a recent auction, financial services company GA Group, together with Joann’s term lenders, were selected as the winning bidder to “acquire substantially all of Joann’s assets” and would begin winding down the company’s operations and conduct going-out-of-business sales at all store locations.

https://apnews.com/article/joann-closing-bankruptcy-crafts-retail-b83c68fb641fad18cd6c8be925c6d90b