Joanns was sold now I'm getting 50% coupons more often?
#21
I worked for JoAnn's last year when we moved an old location to a bigger one...when you sign up for the mailer, be patient, it took mine about 3 months to start showing up...they are remodeling or opening something like 27 stores a year!
Here's an article I found on line:
Ohio-based Jo-Ann Stores sold for $1.6 billion
Thursday, December 23, 2010 08:42 AM
The Columbus Dispatch
HUDSON, Ohio (AP) - Jo-Ann Stores Inc. is being bought by an affiliate of private equity firm Leonard Green & Partners LP for about $1.6 billion.
The fabric and craft store operator's stock jumped $15.32, or 34 percent, to $60.95 in Thursday pre-market trading.
The deal is valued at $61 per share, a 34 percent premium to Jo-Ann's Wednesday closing price of $45.63.
Lead Director Scott Cowen said in a statement that the Hudson, Ohio-based company was not actively seeking a buyout but felt it was in the best interest of its stockholders, workers and other partners.
Jo-Ann's board unanimously approved the deal, but is allowed to seek alternative proposals through Feb. 14, 2011.
The acquisition is expected to close in the first half of 2011 if the majority of stockholders approve the transaction.
If you have a super store, they usually have classes...and you can sign up to be a teacher. I just signed up to teach crazy quilt classes in Idaho Falls new superstore!!!
BJ
Here's an article I found on line:
Ohio-based Jo-Ann Stores sold for $1.6 billion
Thursday, December 23, 2010 08:42 AM
The Columbus Dispatch
HUDSON, Ohio (AP) - Jo-Ann Stores Inc. is being bought by an affiliate of private equity firm Leonard Green & Partners LP for about $1.6 billion.
The fabric and craft store operator's stock jumped $15.32, or 34 percent, to $60.95 in Thursday pre-market trading.
The deal is valued at $61 per share, a 34 percent premium to Jo-Ann's Wednesday closing price of $45.63.
Lead Director Scott Cowen said in a statement that the Hudson, Ohio-based company was not actively seeking a buyout but felt it was in the best interest of its stockholders, workers and other partners.
Jo-Ann's board unanimously approved the deal, but is allowed to seek alternative proposals through Feb. 14, 2011.
The acquisition is expected to close in the first half of 2011 if the majority of stockholders approve the transaction.
If you have a super store, they usually have classes...and you can sign up to be a teacher. I just signed up to teach crazy quilt classes in Idaho Falls new superstore!!!
BJ
#22
I used to use my coupons for one pack of photo transfer. They added up after awhile. They usually weren't on sale and if they were...they were all out. I don't live close enough to a JoAnn's to shop there often now.
#24
Junior Member
Join Date: May 2010
Location: Deltaville, VA
Posts: 139
You can use your coupon online on sale items. What they do is take 50% off the full price. Usually cheaper than the sale price plus with the cost of gasoline for me it is cheaper to pay shipping and have it delivered to my door. Also keeps me from buying more than the item I really want. I also save the time.
#26
Originally Posted by Hen3rietta
Originally Posted by wolfkitty
I need to get out more. Who bought Joann's?
http://www.bloomberg.com/news/2010-1...1-a-share.html
#28
Member
Join Date: Mar 2011
Posts: 33
Always have a list of non sewing or crafting things (tape, duck tape, glue, lint roller, new ironing board cover, etc.) for the times your items are on sale. Always, alway, always use my coupons. Also on the pattern counter there is a book you can buy, and of coarse use your coupon, that has a full page of coupons on the back. That is always on my list because it has 2 - 50% and several 40% coupons that are good for several months.
#29
Super Member
Join Date: Jul 2010
Location: Glenmoore, PA
Posts: 7,941
Originally Posted by AlwaysQuilting
Am I imagining it or is Joann's now sending out 50% coupons more often? It seems I've found one in my email several times in the past few weeks.
#30
I'm getting more too but their prices have gone up. Most fabrics are 25% off when they used to be 30% off..can't use coupons for sale items. Warm and natural batting in the packages(queen) are now 29.99 instead of 24.99 (used to be 12.50 half price on sale)...and it goes on and on. I like my quilt shops better!!!
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