Originally Posted by
Geri B
The chain called Hancock fabric has declared bankruptcy and are closing all stores......no affiliation to hancocks in Paducah.....but I wonder how the same name is legal....
The liquidator, Great American Group, bought Hancocks assets, and now in the process of liquidating those assets. Discounts are off the list price, so people aren't seeing the fire sale prices they expected. Hancocks had great sale prices on their heavier weight material I would buy, and the liquidator is nowhere near the low price Hancocks had. Plus can you imagine being an employee losing your job, and having to close out the store this way? Geez.