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I got angry with Joann Inc. To stop taking gift cards after February 28.
The company announced earlier this year that it entered Chapter 11 Banking protection For the second time “to facilitate the sale to increase the value of its business to the maximum.” Joan first advanced Chapter 11 in March 2024.
Joan said on February 23 that the GA Group and its prior loan agent will become the owners of “all the assets of retail stores” in a large way, as these are the winners of the winners of the exit from sales in business All Joan sites.
Joan announced earlier this year that it entered Chapter 11, bankruptcy protection for the second time. (Daniel Aker / Bloomberg via Getti Imagors / Tire)
A document on the retail reservation site said that the Joan stores “will accept gift cards until February 28.”
GA Group said in a press release earlier this month that the company has hundreds of sites across the United States.
Joe Ann has hundreds of sites throughout the United States (Tim Leedy/Medianews Group/Reading Eagle via Getty Images/Getty Images)
Social media users have expressed dissatisfaction in recent days about the inability to use Joan gift cards.
A Facebook user called him “highway stealing” that gift cards will not honor when they accepted money. ”
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“I just want to know an incredibly annoying extent to cut our ability to use gift cards. No matter the fact that you are closing, your business takes money and now refuses to give the product for that,” said one of the Instagram users.
Another Instagram user said: “It is very disturbed by cutting gift cards so quickly and thus a little notification,” said another Instagram user.
Fox Business has arrived at Joann to comment.
One of the customers enter the Joann store at El Cerrito, California, on January 8. (David Paul Morris / Bloomberg via Getti Imachurs / Getty Pictures)
Joan said on her restructuring site that the stores will keep their doors open until the end of the closing sales, with Its location and application The operation remains only for browsing and the availability of products. Customers should go to an actual store for a purchase.
Main retail files for bankruptcy crafts
In the bankruptcy file in January, the retailer estimated that it had one billion dollars -10 billion dollars of assets and liabilities.
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