Jo Ann's buyout?
#92
And just FYI, Leonard Green & Partners LP bought out JoAnn's Fabrics and Crafts in January 2011 for an estimated $1.6 billion, taking it into private ownership (this according to Forbes, below).
http://www.forbes.com/companies/jo-ann-stores/
Other companies owned by Leonard Green (a huge private equity firm) include Whole Foods Market, PetCo, Rite Aid, David's Bridal, The Container Store, Sports Authority, and FTD Group Inc.
http://www.forbes.com/companies/jo-ann-stores/
Other companies owned by Leonard Green (a huge private equity firm) include Whole Foods Market, PetCo, Rite Aid, David's Bridal, The Container Store, Sports Authority, and FTD Group Inc.
#93
I don't see how JoAnn's could get much worse, unless they start charging more for the inferior cottons they sale. There are very few premium cottons available there now. I avoid that place like the plague. We can always hope they will improve, carry better products and be a store you want to shop in. Right now, not so much.
#97
Junior Member
Join Date: Apr 2011
Location: SanAntonio,TX
Posts: 238
#98
Super Member
Join Date: Nov 2009
Location: S C michigan
Posts: 2,118
well, I am personally going to go back in as soon as the snow melts, and the weather tames down a little here in Michigan. and I am taking a brand new bolt of $12 a yard muslin with me, to show them, the dirty material in the bolt. has this ever happened to anyone else? I had to cut it, and I washed it before I used it. otherwise, I would have returned it. looked like it had been splattered, and then 'what to me, looked like signs of bed bugs at one time in the material'. and yes, I know the difference between bug bug stains, and cotton gin by products.
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#100
Super Member
Join Date: Oct 2011
Location: South Central Indiana
Posts: 1,931
Somebody must either be posting after running a "search" or reading the archives. Either way, it would be nice if the older threads were color-coded or something... not everyone checks the dates
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