Fabrics retailer Joann files for bankruptcy

Joann, the 81-year-old fabric and craft retailer, has filed for bankruptcy as it struggles with customers cutting back on discretionary spending.
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Пікірлер: 27

  • @ll4680
    @ll46804 ай бұрын

    So glad I got out of retail work

  • @timphelps605
    @timphelps6054 ай бұрын

    Didn't they announce bankruptcy like 20 years ago?

  • @thomasaur12290
    @thomasaur122904 ай бұрын

    This is unfortunate. Some of the best memories of my late mother was spent in many of their stores

  • @ytr8989
    @ytr89894 ай бұрын

    That’s too bad. One billion dollars in debt 💸 😮

  • @takeitzenman7894
    @takeitzenman78944 ай бұрын

    Hmmm, I wonder why. I'm so stunned. I mean, it couldn't be the 40% to 80% OFF coupons that are active every single day of the year, on top of buy one, get ten deals. No, not that at all. 🤔🤔🤔🤣🤣🤣

  • @lovly2cu725

    @lovly2cu725

    3 ай бұрын

    Of the poor quality fabric

  • @dabratmoni
    @dabratmoni4 ай бұрын

    I ❤️ Love Joanns!!

  • @claudettes9697
    @claudettes96974 ай бұрын

    No! Edit, whew! Ok just as long as my local one doesn’t close. I’m shop there once a week. Whew! 😅

  • @shawnholzen5496
    @shawnholzen54964 ай бұрын

    You know it's not a big surprise I worked for them about less than a year ago and I was a supervisor for them and the hours were being significantly the district was being very mean to their employees which caused me to quit The Stark rooms were always jam-packed full of inventory due to poor hours and a couple of the months we were cut down to about 300 hours to stretch across all of our employees it's something that we saw at least two or three years ago coming

  • @lovly2cu725

    @lovly2cu725

    3 ай бұрын

    My store was mismanaged at least since 2018. Didn't order zipper the basics

  • @melissap6741

    @melissap6741

    3 ай бұрын

    I worked for Joann’s for years… they always cut hours like that. I never understood how other craft stores had clean well stocked stores yet Joann’s would be exactly as you described. No hours, merchandise sitting in back rooms, and mismanagement. It’s sad but they may not survive this

  • @deva190
    @deva1904 ай бұрын

    If Joanns had remained a fabric store instead of making a larger percentage of their space dedicated to selling crafts, perhaps they would not be in this position in this economy. Although fabrics are not always cheap and sewing is time consuming, home sewing is STILL more economical for me than buying off the rack clothing.

  • @lovly2cu725

    @lovly2cu725

    3 ай бұрын

    I agree. They took over. Cloth world which wasn't crafts

  • @robynhardy1432
    @robynhardy14324 ай бұрын

    Oh no! However yes I had to tighten my belt with the rising costs and don't purchase crafty items at this time

  • @millissagould2674
    @millissagould26744 ай бұрын

    Oh no!!!

  • @dianehickman5960
    @dianehickman59604 ай бұрын

    This is terrible

  • @lovly2cu725

    @lovly2cu725

    3 ай бұрын

    A long time coming

  • @ABCEasyas--
    @ABCEasyas--4 ай бұрын

    Waiting for Company Man to make a video on this store

  • @blakeaaron5698
    @blakeaaron56984 ай бұрын

    Why are people standing in line?

  • @bandido7994

    @bandido7994

    4 ай бұрын

    Its an old video taken during the pandemic.

  • @BlackPatrick
    @BlackPatrick4 ай бұрын

    Does Mark Brown ever get a day off?

  • @timphelps605

    @timphelps605

    4 ай бұрын

    That's a pre-recorded clip they put on the end of almost every clip was made some time ago.

  • @cyclonesister8593
    @cyclonesister85934 ай бұрын

    Oh no! And this after the WEF discussed only allowing humans 3 new outfits a year, to reduce their precious climate bull crud

  • @lovly2cu725

    @lovly2cu725

    3 ай бұрын

    Hilarious.

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