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Old 10-07-2010, 08:18 AM
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Cathleen Colson
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Join Date: Apr 2010
Location: Monterey Bay, California
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The Wall Street Journal this morning says "KeyBanc thinks Wal-Mart may put fabric back on its shelves. That is bad news for textile sellers like Jo-Ann." It shows a graph of Jo-Ann Stores stock activity trending down. If Wal-Mart is going back in the fabric business, I wonder if Jo-Ann will lower its prices and go back to a discount price instead of the LQS prices they've had recently?
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