Artist & Craftsman Supply files for Chapter 11 bankruptcy
FILE-Colored pencils are organized at an art supply store. Please note this is a file photo of art supplies at a store not the one filing for bankruptcy. (Photo By Paul Chinn/The San Francisco Chronicle via Getty Images)
Artist & Craftsman Supply announced that it has filed for Chapter 11 bankruptcy.
The Maine-based company, which sells canvases, paints and drawing supplies, said it "voluntarily initiated" the bankruptcy filing, disclosing in a social post that it has endured financial pressures this year in a competitive retail industry.
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Artist & Craftsman Supply addresses bankruptcy filing
What they're saying:
Artist & Craftsman Supply discusses the bankruptcy filing in an Instagram post writing the following:
"Effective December 21, 2025, Artist & Craftsman Supply (A&C) voluntarily initiated a Chapter 11 bankruptcy process in order to restructure its liabilities and pursue what we believe is the best path forward for the company and its suppliers, employees, and customers. Through this process, our intent is to reorganize and strengthen our business."
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"Like many retailers, A&C has faced ongoing financial pressures in 2025 amid a challenging retail environment, including higher real estate leasing costs and softness in consumer spending. Chapter 11 is a proven process that will help us continue doing what we do best, providing quality art supplies to our valued customers, while we position the company for long-term success."
The retailer is one of the largest independent art supply companies in the nation with multiple stores in 11 states, including California, Kentucky, Maine, Maryland, Missouri, New York, Oregon, Pennsylvania, South Carolina, Washington, and Wisconsin, according to its website.
The Source: Information for this story was provided by an Artist & Craftsman Supply Instagram post and Newsweek. This story was reported from Washington, D.C.