What is happening to Craftsy?
We have seen changes in the past two years concerning their operation.
When I see a company drastically reducing inventory, there is usually major change or sell off looming.
They have numerous sales going on during the holiday season, like many retailers, but the inventory is going down daily, without a replenishment of stock. Even the thread is sold out in half their colors.
I have checked the net for information and can find nothing.
I have never seen a retailer who hasn't announced that they are "closing", reduce inventory like this. Normally, there is a message put out that they are reducing stock to then change their future offerings, if a company is planning on staying in business. Perhaps I worry for nothing, perhaps they are going to focus only on videos.
I hope I am wrong and they are staying in business and offering their retail items.