Welcome to the Quilting Board!

Already a member? Login above
loginabove
OR
To post questions, help other quilters and reduce advertising (like the one on your left), join our quilting community. It's free!

Results 1 to 6 of 6

Thread: Joann fabrics bought out!

  1. #1
    Banned
    Join Date
    Dec 2009
    Location
    Enid, OK
    Posts
    8,929
    Blog Entries
    1
    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

  2. #2
    Super Member LivelyLady's Avatar
    Join Date
    Dec 2010
    Location
    Western MA
    Posts
    2,668
    Thank you for the info. That's good to know.

  3. #3
    Senior Member grammyto2's Avatar
    Join Date
    Dec 2010
    Location
    Cedar Rapids, Iowa
    Posts
    421
    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.

  4. #4
    Banned
    Join Date
    Dec 2009
    Location
    Enid, OK
    Posts
    8,929
    Blog Entries
    1
    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

  5. #5
    Janetd's Avatar
    Join Date
    Jul 2009
    Location
    Florida
    Posts
    475
    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.

  6. #6
    Super Member sewwhat85's Avatar
    Join Date
    Nov 2010
    Location
    missouri
    Posts
    6,764
    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

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

SEO by vBSEO ©2011, Crawlability, Inc.