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Jo Ann's buyout?

Jo Ann's buyout?

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Old 12-24-2010, 12:57 PM
  #41  
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Originally Posted by charmpacksplus
I should have been buying stock instead of fabric :cry:
ROFLMBO~~~just what I was thinking when I first heard of this a few days ago.
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Old 12-24-2010, 01:01 PM
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Originally Posted by granny6x13542
Look for more Chinese-made merchandise as that is the fastest way to make more money.
I would estimate that about 85% of the seasonal merch at JoAnn's is already made in China -- I washed my hands until they were raw when we had "seasonal sets" to change from one holiday or season to another. I always hated the wreaths / floral stuffs, because lord only knows what you breathed in over 8 hours of unpacking & setting up a new display. Christmas & summer stuffs are bad, too, mostly made in China, I was always worried about lead content leeching thru my skin.
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Old 12-24-2010, 01:31 PM
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OK...so how will that effect my gift certificate that DH just got me for Christmas....perhaps I should go down right after Christmas. If they get c**p in, I will only be able to get pins and needles. I can hope for the best. Oh, and Merry Christmas to all and to all a good night. fmd36 in NH
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Old 12-24-2010, 01:49 PM
  #44  
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Thank you for your insightful post, Fabric Whisperer. As a long time sewer and now quilter I have frequented fabric stores for many years and can appreciate the hard work you have invested in making this an enjoyable hobby for many.

Welcome to the board - I hope this will be a fun place for you and look forward to learning from you as well! BTW - is that a Bearded Dragon I see in your Avatar? ...my ten year old granddaughter wants one of those...her mama isn't so sure however :)
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Old 12-24-2010, 02:03 PM
  #45  
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Originally Posted by akrogirl
Sorry, but that was not my quote, lol. However, I do agree that we have major, major problems ahead if we don't restore our manufacturing base.
AMEN!!
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Old 12-24-2010, 02:04 PM
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fmd, from what I read, the earliest the deal could be finalized is mid-February, so probably no rush on that gift certificate.
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Old 12-24-2010, 02:06 PM
  #47  
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Originally Posted by granny6x13542
My experience with corporate buy-outs has not been positive. The new owners are only interested in quick return on their investment and frequently don't manage the company to ensure it continues as a viable business. Look for more Chinese-made merchandise as that is the fastest way to make more money.
Your "absolutely" right ...... seen it happen all too often! There isn't "anything" these days you can buy or spend your hard earned $$$ on ..... that isn't made in China - Indonesia - Tiwan - or ?? .... we need to start taking our country back home where it belongs!
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Old 12-24-2010, 02:53 PM
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Originally Posted by Midwestmary
BTW - is that a Bearded Dragon I see in your Avatar? ...my ten year old granddaughter wants one of those...her mama isn't so sure however :)
Yes, we have 5 ~ they are quite addicting, as are my textiles! They are phenomenal companions (expensive to setup) ... it is very important to learn the proper care info before getting one. I am an upstanding member on a board all about them, PM me and I will send you some info (for the mom). Most of ours are rescues, my avatar is my baby "Crash" - when he runs around he crashes into the piano, couch, etc. hence the name :) He loves to sit on my sewing table and "help me" haa haa.

I have been lurking here for awhile, I look forward to being a good contributing member here too. Merry Christmas / Mele Kalikimaka
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Old 12-24-2010, 03:06 PM
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Hope they keep a store in our area
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Old 12-24-2010, 03:39 PM
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Well my husband said its just a bunch of inverstors and most likely nothing will change. Who knows. Just have to wait and watch.
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