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Joann's fabric bankruptcy
5 posters
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has55- Posts : 2391
Join date : 2012-05-10
Location : Denton, tx
sanderson likes this post
Re: Joann's fabric bankruptcy
I didn’t know that!
Scorpio Rising- Posts : 8801
Join date : 2015-06-12
Age : 62
Location : Ada, Ohio
sanderson likes this post
Re: Joann's fabric bankruptcy
It's chapter 11, so the company isn't being dissolved. Yet. But it probably won't be publicly traded, and will have new owners. Usually when that happens we eventually see some internal changes and possibly some store closures.
markqz
Forum Moderator- Posts : 953
Join date : 2019-09-02
Location : Lower left hand corner
sanderson and Scorpio Rising like this post
Scorpio Rising likes this post
Joann closed the store in my town.
It ticks me off. When I moved here, we had 2 fabric stores and a quilt store. Joann's bought out the rival. There was a tiny independent for a while. Then Joann's moved from it's hole in the wall location to across the street from a really excellent, independent craft store, which couldn't make it with Joann's across the road. And now, Joann's is gone, and I have to get on the freeway and navigate traffic to get to a Joann's to buy thread. The quilt store is still here, but they just don't meet my needs. And if it's not Joann's, I have to drive 40 miles to get to a decent fabric store.
RANT, RANT, RANT
RANT, RANT, RANT
Scorpio Rising likes this post
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