As of 12/07 - They filed under Crafts Retail Holding
Crafts Retail Holding Corp. is appearing today in U.S. Bankruptcy Court in Brooklyn, New York with a $16.1 million offer from Hilco Merchant Resources as the highest bid from the June 12 auction for the right to conduct going-out-of-business sales at its 61 Rag Shop stores selling arts, crafts, and custom framing.