All,

I wanted to call to your attention today's Chapter 11 bankruptcy filing by Joann https://www.mlive.com/news/2024/03/crafts-retailer-joann-files-for-bankruptcy.html which in the public library world means Creativebug https://www.creativebug.com/libraries Sharing this article because so many public libraries subscribe to the Creativebug service.

The article indicates that Joann will continue to pay its vendors, that the bankruptcy process could be complete by as early as April, and that Joann will emerge as a non-publicly traded company.

I reached out to our Creativebug contact and asked her for a statement. I will share her response with the lists when received.

Jim

Jim Flury
Technical Services Manager
The Library Network
41365 Vincenti Court
Novi, MI 48375
248-536-3100, ext 133
Note New Fax Number: 248-716-5584
Note New Email Address:jflury@tln.org