I buy fabric regularly at Hobby Lobby and today one of my favorite employees told me they're discontinuing 300 sku #s and she doesn't know if they're replacing them with new fabrics or just downsizing the fabric section.
I got several batiks for $5 a yard and bunch from their other sections for $3 a yard. They're not all in the clearance bin---I wandered around and looked at the whole section.
Happy shopping!