Fabric and crafts retailer JOANN sets terms for $175 million IPO

JOANN, a multi-channel fabric and crafts retailer with about 860 stores, announced terms for its IPO on Thursday.

The Hudson, OH-based company plans to raise $175 million by offering 10.9 million shares (50% insider) at a price range of $15 to $17. At the midpoint of the proposeRead More