Bankruptcies

KINY’s “prize patrol” vehicle is parked outside the Local First Media Group Inc.’s building on Wednesday, June 19, 2024. (Mark Sabbatini / Juneau Empire file photo)

KINY’s parent company enters Chapter 15 bankruptcy proceedings; local co-owner says operations unaffected

Company that owns 11 Southeast Alaska radio stations placed in receivership over defaulted $8.2M loan.

Joann, the arts and crafts chain, announced it will close its Juneau location. An employee is seen working at the store on Wednesday, Feb. 12, 2025. (Jasz Garrett / Juneau Empire)

Juneau’s Joann craft store is one of 500 closing across the US

Company filing for bankruptcy; property manager at mall said it’s unknown when local store will close.