Welcome to the Quilting Board!

Already a member? Login above
loginabove
OR
To post questions, help other quilters and reduce advertising (like the one on your left), join our quilting community. It's free!

Results 1 to 21 of 21

Thread: Jo-Ann Stores to Be Bought by Leonard Green

  1. #1
    Senior Member lizpatterson1's Avatar
    Join Date
    Dec 2009
    Location
    AZ
    Posts
    942
    Don't know what this will mean but here is the link:

    http://www.bloomberg.com/news/2010-1...1-a-share.html

  2. #2
    QazyQltr's Avatar
    Join Date
    Nov 2010
    Posts
    518
    Probably even higher prices :-(

  3. #3
    Super Member Vanuatu Jill's Avatar
    Join Date
    Jun 2010
    Location
    Ramona, California
    Posts
    3,057
    Blog Entries
    1
    Wow-just finished reading it! Looks like it can only be a positive thing for us quilters! (mind you, I feel like I have contributed to their successfulness single-handedly! LOL) Bigger and better stores in their future-hope they keep up with the good sales and coupons!! Thanks for the info!

  4. #4
    Power Poster amma's Avatar
    Join Date
    Jul 2007
    Location
    Out searching for some sunshine :-)
    Posts
    59,088
    Blog Entries
    1
    Let's all keep good and positive thoughts :wink: :D:D:D

  5. #5
    Pamper's Avatar
    Join Date
    Dec 2010
    Location
    Mountains of Arizona
    Posts
    40
    Quote Originally Posted by Vanuatu Jill
    Wow-just finished reading it! Looks like it can only be a positive thing for us quilters! (mind you, I feel like I have contributed to their successfulness single-handedly! LOL) Bigger and better stores in their future-hope they keep up with the good sales and coupons!! Thanks for the info!
    Hope you're right. The closest fabric store (JoAnn's) is 3 hours away. We really only have one very small area in Walmart. There are a couple of quilt shops, but their fabric is very expensive.

  6. #6
    Senior Member Scrapquilt's Avatar
    Join Date
    Dec 2010
    Location
    Palm Coast, FL
    Posts
    315
    They are in the process of closing the Jo Ann's here in Huber Heights Oh. Cannot understand why, although this article might be part of the answer.

  7. #7
    Super Member hobbykat1955's Avatar
    Join Date
    Nov 2010
    Location
    NY
    Posts
    2,734
    Our small Joann's in Brookfield CT closed and reopened as a Superstore in a new location...So many new fabric sections I spent 2 hrs today picking out light and darks to start a traditional log cabin quilt I promised I'd do in the New Yr.
    I decided to go out of my box of colors and go aqua blue and browns....

  8. #8
    Super Member DonnaB's Avatar
    Join Date
    Jan 2010
    Location
    Mesa & Forest Lakes, AZ
    Posts
    1,636
    Blog Entries
    16
    I will keep positive thoughts about this acquisition. Things can only get better with JoAnn's.

  9. #9
    quiltluvr's Avatar
    Join Date
    Jun 2009
    Location
    Lost in a quilt shop :-)
    Posts
    1,353
    I'll be watching what changes they may make. I'd love to see more merchandise.

  10. #10
    Pamper's Avatar
    Join Date
    Dec 2010
    Location
    Mountains of Arizona
    Posts
    40
    Quote Originally Posted by Scrapquilt
    They are in the process of closing the Jo Ann's here in Huber Heights Oh. Cannot understand why, although this article might be part of the answer.
    Wow I used to live in Huber Heights, on Rolling Glen Drive. Small World.

  11. #11
    Super Member wvdek's Avatar
    Join Date
    Jul 2009
    Location
    A million dollar view!
    Posts
    8,889
    I found out the store in Roanoke, VA is liquidating because they will be moving and opening a new superstore at Tower Road Mall. Guess this may be the reason.

    Wish I had bought shares when they were lower. Oh well.

  12. #12
    Super Member 117becca's Avatar
    Join Date
    Oct 2010
    Location
    dayton OH
    Posts
    1,884
    Quote Originally Posted by Scrapquilt
    They are in the process of closing the Jo Ann's here in Huber Heights Oh. Cannot understand why, although this article might be part of the answer.
    i know!!!! I couldn't believe that. I found that out the day after Thanksgiving. They've added to the store here in Trotwood (where i live) and i'm glad, because i thought it was going to close (like so much on this end of town)

    When I graduated college (1982) I worked for the original owner and founder of JoAnn Fabrics in Cleveland. She was quite elderly at the time - her children ran the company - she just managed one of the stores. Very interesting woman from the old country!!

  13. #13
    Pamper's Avatar
    Join Date
    Dec 2010
    Location
    Mountains of Arizona
    Posts
    40
    Quote Originally Posted by wvdek
    I found out the store in Roanoke, VA is liquidating because they will be moving and opening a new superstore at Tower Road Mall. Guess this may be the reason.

    Wish I had bought shares when they were lower. Oh well.
    Your dog looks just like the Sheltie we just lost. He was 15. :-(

  14. #14
    Cyn
    Cyn is offline
    Super Member Cyn's Avatar
    Join Date
    Aug 2010
    Location
    Jacksonville NC
    Posts
    6,761
    Blog Entries
    17
    fingers crossed ;)

  15. #15
    Senior Member 4dogs's Avatar
    Join Date
    Dec 2009
    Location
    Asheville, NC(cool, green mountains)
    Posts
    647
    Blog Entries
    1
    hey..so sorry you have lost your 15 year old..........it is very hard, I know........they are part of the family.....the last 3 I lost were all 16 (a poodle, a g.shepherd and a mutt dog.....loved them all so much)..... just wanted you to know that we fellow dog lovers feel the loss with you........hugs..........judy

  16. #16
    Senior Member marknfran's Avatar
    Join Date
    Dec 2010
    Location
    Mead, WA
    Posts
    644
    Quote Originally Posted by lizpatterson1
    Don't know what this will mean but here is the link:

    http://www.bloomberg.com/news/2010-1...1-a-share.html
    I think it said they want to go private to increase the number of outlets for competition. In that case, the prices are going to get better! I know the one in Spokane, WA remodeled to increase size and quantity and quality of items not to mention variety. Really happy here!!!

  17. #17
    Super Member jljack's Avatar
    Join Date
    Apr 2007
    Location
    North Carolina - But otherwise, NOTW
    Posts
    8,073
    Blog Entries
    9
    Well, since they are taking the company private, they won't have to be concerned about paying dividends to stockholders. I think that is a positive thing.

  18. #18
    Pamper's Avatar
    Join Date
    Dec 2010
    Location
    Mountains of Arizona
    Posts
    40
    Quote Originally Posted by 4dogs
    hey..so sorry you have lost your 15 year old..........it is very hard, I know........they are part of the family.....the last 3 I lost were all 16 (a poodle, a g.shepherd and a mutt dog.....loved them all so much)..... just wanted you to know that we fellow dog lovers feel the loss with you........hugs..........judy
    Thanks. We are looking for a new puppy now. But since we will be gone for a month in May/June, we are trying to hold off. Thanks for your kindness. We sure are dog lovers, quilt lovers, cat lovers

  19. #19
    Super Member Becky Crafts's Avatar
    Join Date
    Sep 2010
    Location
    Florida
    Posts
    1,560
    Quote Originally Posted by hobbykat1955
    Our small Joann's in Brookfield CT closed and reopened as a Superstore in a new location...So many new fabric sections I spent 2 hrs today picking out light and darks to start a traditional log cabin quilt I promised I'd do in the New Yr.
    I decided to go out of my box of colors and go aqua blue and browns....
    I love those colors. Can't wait to see pictures of your project!!

  20. #20
    Senior Member gypsyquilter's Avatar
    Join Date
    Nov 2010
    Location
    North Texas
    Posts
    481
    Quote Originally Posted by Pamper
    Quote Originally Posted by wvdek
    I found out the store in Roanoke, VA is liquidating because they will be moving and opening a new superstore at Tower Road Mall. Guess this may be the reason.

    Wish I had bought shares when they were lower. Oh well.
    Your dog looks just like the Sheltie we just lost. He was 15. :-(
    so sorry to hear of your pup passing away, I'm sure he is somewhere on the rainbow bridge running around with all of the other great pets that have gone before us.

  21. #21

    Join Date
    Jul 2010
    Location
    Dallas Texas
    Posts
    19
    Sorry you don't live in Dallas. I have 3 JoAnn's within 10 minutes of me. Think I would have to go if these stores went.M

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

SEO by vBSEO ©2011, Crawlability, Inc.