Originally Posted by ClairVoyantQuilter
Originally Posted by tula
I found out yesterday that one of the reasons they are getting rid of the fabric dept. is that Walmart has bought our Joanns. I had no idea they owned Joanns and had bought them out 2 years ago! Does this not explain why they are getting rid of their fabric dept???? ARGGGHH! They own it all!
Wow . . .Just found this thread:
http://www.quiltingboard.com/t-3155-1.htm
Apparently . . .JoAnn's WAS bought out by Wal-Mart . . .which . . .when you really stop and think about it . . .adds up. Definitely explains why JoAnn's fabric is on the decline and why one can now purchase embroidery only machines at Wal-Mart. Go figure . . .
If you read further in this thread or check it online, you will find that this is not true. JoAnn is an independent company (at least for now!)