Quiltingboard Forums

Go Back  Quiltingboard Forums >
  • Main
    • JOANNS IS SELLING TO J. CREW >

  • JOANNS IS SELLING TO J. CREW

    • Register
    FAQ
    Calendar
    Today's Posts
    Search
    Vendor Directory

    JOANNS IS SELLING TO J. CREW

    Page 1 of 2
    1
    2
    Thread Tools
     
    Old 12-23-2010, 08:54 AM
      #1  
    Super Member
    Thread Starter
     
    Join Date: Jul 2008
    Location: Keller, TX
    Posts: 1,934
    Default
    Perhaps we will see more and better quality quilt fabs at decent prices...we can only hope.

    Story StatsJo-Ann Stores being taken private for $1.6 billion



    HUDSON, Ohio—Fabric and craft store chain Jo-Ann Stores Inc. is being taken private by investment firm Leonard Green & Partners LP for about $1.6 billion, the latest in a series of billion-dollar retail buyouts.
    The deal is the latest in a series of billion-dollar retail buyouts in the past three months. Last month preppy fashion retailer J. Crew Group Inc. agreed to be purchased for $3 billion in a deal that also involves Leonard Green & Partners, along with private equity firm TPG Capital.
    Lady Diana is offline  
    Reply
    Old 12-23-2010, 08:57 AM
      #2  
    Super Member
     
    AlwaysQuilting's Avatar
     
    Join Date: Nov 2008
    Posts: 1,665
    Default
    Originally Posted by Lady Diana
    Perhaps we will see more and better quality quilt fabs at decent prices...we can only hope.
    I hope so too.
    AlwaysQuilting is offline  
    Reply
    Old 12-23-2010, 08:59 AM
      #3  
    Super Member
     
    C.Cal Quilt Girl's Avatar
     
    Join Date: Jun 2010
    Location: Central Ca
    Posts: 2,598
    Default
    Two threads going about this. LOL
    C.Cal Quilt Girl is offline  
    Reply
    Old 12-23-2010, 09:01 AM
      #4  
    Super Member
    Thread Starter
     
    Join Date: Jul 2008
    Location: Keller, TX
    Posts: 1,934
    Default
    oops, sorry. did not see the other thread.
    Diana in TX
    Lady Diana is offline  
    Reply
    Old 12-23-2010, 09:03 AM
      #5  
    Power Poster
     
    Lacelady's Avatar
     
    Join Date: Apr 2009
    Location: Ireland
    Posts: 12,281
    Default
    It would be nice if they decided to ship overseas.
    Lacelady is offline  
    Reply
    Old 12-23-2010, 09:04 AM
      #6  
    Super Member
     
    Join Date: Mar 2010
    Location: North Carolina
    Posts: 2,375
    Default
    The title is a misnomer....the company that bought J.Crew also bought Joanne's...
    Rebecca VLQ is offline  
    Reply
    Old 12-23-2010, 12:00 PM
      #7  
    Power Poster
     
    amma's Avatar
     
    Join Date: Jul 2007
    Location: Out searching for some sunshine :-)
    Posts: 58,856
    Default
    I am going to be very optimistic about this news :D:D:D
    amma is offline  
    Reply
    Old 12-23-2010, 12:09 PM
      #8  
    Power Poster
     
    Join Date: Apr 2010
    Location: Whitewater, WI
    Posts: 24,528
    Default
    Yes, hopefully it will be a good thing!
    CarrieAnne is offline  
    Reply
    Old 12-23-2010, 12:11 PM
      #9  
    Super Member
     
    omak's Avatar
     
    Join Date: Mar 2009
    Location: Central Washington State
    Posts: 5,997
    Default
    which country owns the buyer?
    omak is offline  
    Reply
    Old 12-23-2010, 01:51 PM
      #10  
    Super Member
    Thread Starter
     
    Join Date: Jul 2008
    Location: Keller, TX
    Posts: 1,934
    Default
    Leonard Green & Partners is an American private equity fund. They are investors so it will be interesting to see who runs Joann's.
    Lady Diana is offline  
    Reply
    Page 1 of 2
    1
    2
    Related Topics
    Thread
    Thread Starter
    Forum
    Replies
    Last Post
    Meet our newest member to the muttly crew........
    Chasing Hawk
    General Chit-Chat (non-quilting talk)
    26
    04-26-2013 09:50 AM
    Huge Bear Surprises Crew on EcoBubble Photo Shoot
    jeanequilts
    General Chit-Chat (non-quilting talk)
    14
    02-02-2013 01:36 PM
    Heads up to the OR rescue crew ....
    J Miller
    For Vintage & Antique Machine Enthusiasts
    6
    09-19-2012 07:14 PM
    Dominican - Pool Guys at the Resort (Fun Crew)
    butterflywing
    General Chit-Chat (non-quilting talk)
    4
    01-02-2010 10:23 AM
    searching for crew boat fabric
    sew cornie
    Main
    3
    09-02-2009 01:25 PM
    Back to Subforum
    Main
    View Next Unread
    Has anyone ever

    Posting Rules
    You may not post new threads
    You may not post replies
    You may not post attachments
    You may not edit your posts
    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is On
    Trackbacks are Off
    Pingbacks are Off
    Refbacks are Off


    FREE Quilting Newsletter