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Jo-Ann Stores to Be Bought by Leonard Green

Jo-Ann Stores to Be Bought by Leonard Green

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Old 12-23-2010, 03:16 PM
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Don't know what this will mean but here is the link:

http://www.bloomberg.com/news/2010-1...1-a-share.html
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Old 12-23-2010, 03:19 PM
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Probably even higher prices :-(
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Old 12-23-2010, 03:23 PM
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Wow-just finished reading it! Looks like it can only be a positive thing for us quilters! (mind you, I feel like I have contributed to their successfulness single-handedly! LOL) Bigger and better stores in their future-hope they keep up with the good sales and coupons!! Thanks for the info!
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Old 12-23-2010, 03:37 PM
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Let's all keep good and positive thoughts :wink: :D:D:D
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Old 12-23-2010, 04:01 PM
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Originally Posted by Vanuatu Jill
Wow-just finished reading it! Looks like it can only be a positive thing for us quilters! (mind you, I feel like I have contributed to their successfulness single-handedly! LOL) Bigger and better stores in their future-hope they keep up with the good sales and coupons!! Thanks for the info!
Hope you're right. The closest fabric store (JoAnn's) is 3 hours away. We really only have one very small area in Walmart. There are a couple of quilt shops, but their fabric is very expensive.
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Old 12-23-2010, 04:21 PM
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They are in the process of closing the Jo Ann's here in Huber Heights Oh. Cannot understand why, although this article might be part of the answer.
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Old 12-23-2010, 04:32 PM
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Our small Joann's in Brookfield CT closed and reopened as a Superstore in a new location...So many new fabric sections I spent 2 hrs today picking out light and darks to start a traditional log cabin quilt I promised I'd do in the New Yr.
I decided to go out of my box of colors and go aqua blue and browns....
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Old 12-23-2010, 04:42 PM
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I will keep positive thoughts about this acquisition. Things can only get better with JoAnn's.
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Old 12-23-2010, 05:01 PM
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I'll be watching what changes they may make. I'd love to see more merchandise.
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Old 12-23-2010, 05:23 PM
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Originally Posted by Scrapquilt
They are in the process of closing the Jo Ann's here in Huber Heights Oh. Cannot understand why, although this article might be part of the answer.
Wow I used to live in Huber Heights, on Rolling Glen Drive. Small World.
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