Cranston as a fabric distribution company appears to still be in business. They are just closing the US factories. Cranston started moving their printing overseas a while ago (before they lost the contract with Walmart?) I was researching them a few months ago and even talked to someone at their office on the telephone. Their company has been shrinking for a while.
Really, it's very poor business practice to put all of your eggs in one basket, even a big one like Walmart. Everyone has seen the Walmart fabric departments closing for several years now. If they had wanted to remain in business as they were, Cranston should have made some preparation for that, diversified perhaps? They were a really good company. I endorsed them because of their support for their military employees and families. It's sad to see that kind of company lost.