Originally Posted by
brandy123
The one that is closet to me in the Cincinnati, Oh area is closing and has going out of business sale- So I checked their prices on some of the items I have been interested in and its no sale even with the 30 percent off. I been wanting to get rotating mat and thought this might be a good time to get one but I can get one for $21.00 online and at Hancock Fabric they are 43.99. Hope everyone realizes that Hancocks of Paducah is not the same atore as Hancock Fabric and they are not closing
The liquidator (who purchased Hancocks assets) is discounting from the list price. Their bid was $65 million so they will need to recoup plus profit. They are not trying to build customer loyalty so all sales are final.
Hancock Fabrics was established in 1957, with over 200 stores and over 4000 employees, all losing their jobs. I did a search on Hancocks of Paducah out of curiosity since there is some confusion over which store is involved in the closing. Hancock Fabrics is mentioned in the write up.
http://www.hancocks-paducah.com/About-Us