jaciqltznok

An investment firm is going to acquire JoAnn fabrics...

http://www.pbn.com/Jo-Ann-Stores-to-...n-unit-for-16B,54601

THIS will not change your JoAnn, unless they build a new one...this is only about $$$$....the same people will still run JoAnn's

LivelyLady

Thank you for the info. That's good to know.

grammyto2

I sure hope things don't change, I have 2 Joanns within 20 min. of my home. I really like Joanns, they have VERY good sales and coupons.

jaciqltznok

it was thought that walmart would buy them, but instead JoAnn just bought all the fabric walmart no longer carries!Of course now walmart wishes it had fabric back...the upcoming rise in cotton costs is going to drive people to by cheap fabric. Though my distributors are saying that cotton fabric like solids will start at $5.00 yd come 1/15/11! that is the wholesale cost...you do the math to figure out what YOU the consumer will be paying.....I am so happy to have over 3,000 yards in my stash...ehehhe

Janetd

That's good to know! I have a huge Joann's here. Don't go there often as I shop online mostly but it's nice to have for thread.

sewwhat85

this is kinda old news how do you know it wont change things do you know some one at this investment firm? If so can you introduce me LOL