Content about Jo-Ann Stores

August 13, 2014

Travis Smith has resigned as president and CEO of Jo-Ann Fabric and Craft Stores.

Hudson, Ohio – Travis Smith has resigned as president and CEO of Jo-Ann Fabric and Craft Stores. Until a replacement has been identified, Jim Kerr, executive VP and CFO, will serve as Interim CEO of the company, while continuing in his current role as CFO.

The board of directors is undertaking a comprehensive search to identify a replacement. In his role as interim CEO, Kerr will partner with Riddi Kline, executive VP of marketing and merchandising, and Tom Williams, executive VP of operations and HR, to manage the business.

May 29, 2014

Jo-Ann Fabric and Craft Stores named Jim Wright as senior VP of marketing and advertising, and Megan Featherston as senior VP of merchandising.

New York -- Jo-Ann Fabric and Craft Stores named Jim Wright as senior VP of marketing and advertising, and Megan Featherston as senior VP of merchandising.

Wright has served in multiple marketing leadership roles at national retail brands. He was most recently senior VP of marketing at Express where he was responsible for their brick-and-mortar and e-commerce advertising and marketing strategies.

August 22, 2013

Jo-Ann Fabric and Craft Stores named Tom Williams as senior VP of store operations and human resources.

Hudson, Ohio -- Jo-Ann Fabric and Craft Stores named Tom Williams as senior VP of store operations and human resources. He replaces Ken Haverkost, who is retiring effective Aug.31.

In addition to retaining his current responsibilities overseeing all corporate human resources functions for Jo-Ann, Williams will assume responsibility for leading the store operations organization, covering more than 18,000 employees and more than 800 stores. He will continue to serve as chairman of the company’s benefits advisory committee

May 1, 2013

Jo-Ann Fabric and Craft Stores has hired former Disney and J.C. Penney’s executive Kris Arabia as VP of product development.

Hudson, Ohio — Jo-Ann Fabric and Craft Stores has hired former Disney and J.C. Penney’s executive Kris Arabia as VP of product development. Arabia will report to senior VP and chief marketing and merchandising officer Riddianne Kline.
 

April 29, 2013

Brixmor Property Group announced that Jo-Ann Fabric and Craft will open a 12,020-sq.-ft. store at Fox Run, located in Prince Frederick, Md.

Prince Frederick, Md. -- Brixmor Property Group announced that Jo-Ann Fabric and Craft will open a 12,020-sq.-ft. store at Fox Run, located in Prince Frederick, Md.

Brixmor, based in New York City, is the owner of Fox Run.

 

March 27, 2013

Enterprise cloud commerce solution-provider Demandware announced that Jo-Ann Stores has selected the Demandware Commerce platform to support its digital commerce strategy.

Burlington, Mass. -- Enterprise cloud commerce solution-provider Demandware announced Wednesday that Jo-Ann Stores has selected the Demandware Commerce platform to support its digital commerce strategy.  

March 27, 2013

Enterprise cloud commerce solution-provider Demandware announced that Jo-Ann Stores has selected the Demandware Commerce platform to support its digital commerce strategy.

Burlington, Mass. -- Enterprise cloud commerce solution-provider Demandware announced Wednesday that Jo-Ann Stores has selected the Demandware Commerce platform to support its digital commerce strategy.  

January 10, 2013

Brixmor Property Group announced a 24,920-sq.-ft. lease was executed with Jo-Ann Fabric and Crafts at Conyers Plaza, located in Conyers, Ga.

Conyers, Ga. -- Brixmor Property Group announced a 24,920-sq.-ft. lease was executed with Jo-Ann Fabric and Crafts at Conyers Plaza, located in Conyers, Ga.

Brixmor, based in New York City, is the owner of Conyers Plaza.

 

December 7, 2012

The Indian government won a non-binding vote in the upper house of parliament on its new policy to allow foreign supermarkets to enter the country's vast retail market, which is put at approximately $450 billion.

India -- The Indian government on Friday won a non-binding vote in the upper house of parliament on its new policy to allow foreign supermarkets to enter the country's vast retail market, which is put at approximately $450 billion.

The government had already won a vote on retail reform in the lower house two days earlier.

 

November 1, 2012

Brixmor Property Group announced that Jo-Ann Fabrics & Crafts will open a new store in an 18,350-sq.-ft. space at Cayuga Mall in Ithaca, N.Y.

Ithaca, N.Y. -- Brixmor Property Group announced that Jo-Ann Fabrics & Crafts will open a new store in an 18,350-sq.-ft. space at Cayuga Mall in Ithaca, N.Y.

Brixmor, based in New York City, is the owner of Cayuga Mall.

 

April 19, 2012

The Wilder Cos. announced the addition of Jo-Ann Fabric & Crafts at two of its New Hampshire shopping centers.

Boston -- The Wilder Cos. announced the addition of Jo-Ann Fabric & Crafts at two of its New Hampshire shopping centers.

Jo-Ann Fabric and Crafts recently opened at Belknap Mall, the only enclosed shopping mall north of Concord. The new store joins Peebles Department Store, Shaw’s, Maurices, Lakes Region Jewelers, CVS and Dunkin Donuts at the 218,500-sq.-ft. mall.

October 11, 2011

Jo-Ann Fabric and Craft Stores said it will increase its work force by more than 15% for the holiday season.

Hudson, Ohio -- Jo-Ann Fabric and Craft Stores said Monday it will increase its work force by more than 15% for the holiday season.

Tom Williams, senior VP human resources for Jo-Ann, announced the company has begun the seasonal recruiting process and will hire more than 3,000 additional employees before the holidays.

The company attributes the seasonal hiring to anticipation of increased traffic in stores through the holiday season.
 

September 12, 2011

Phoenix-based Cole Real Estate Investments said Monday that it has executed a lease with Jo-Ann Fabric and Craft Stores in Wyomissing, Pa., for approximately 25,000 sq. ft., backfilling a former Borders location.

Wyomissing, Pa. -- Phoenix-based Cole Real Estate Investments said Monday that it has executed a lease with Jo-Ann Fabric and Craft Stores in Wyomissing, Pa., for approximately 25,000 sq. ft., backfilling a former Borders location.

The in-line store is located adjacent to OfficeMax, Toys “R” Us and Old Navy.

August 23, 2011

It’s not easy keeping up with the comings and goings of retail executives these days. Every day seems to bring a change at -- or near -- the top. Hot-off-the-wire is the news that David Campisi, president and CEO of Sports Authority president and CEO, has suddenly resigned after just 17 months in the position. He will be replaced on an interim president by Darrell Webb, currently chairman and CEO of Jo-Ann Stores!

August 23, 2011

It’s not easy keeping up with the comings and goings of retail executives these days. Every day seems to bring a change at -- or near -- the top. Hot-off-the-wire is the news that David Campisi, president and CEO of Sports Authority president and CEO, has suddenly resigned after just 17 months in the position. He will be replaced on an interim president by Darrell Webb, currently chairman and CEO of Jo-Ann Stores!

August 23, 2011

David Campisi, CEO and president of Sports Authority has suddenly resigned after just 17 months in the position, according to The Denver Post and other newspapers.

New York City -- David Campisi, CEO and president of Sports Authority has suddenly resigned after just 17 months in the position, according to The Denver Post and other newspapers. Campisi joined Sports Authority in 2004 and served in various executive roles prior to being named chief executive and president in 2010. No reason has been given for the departure.

August 23, 2011

David Campisi, CEO and president of Sports Authority has suddenly resigned after just 17 months in the position, according to The Denver Post and other newspapers.

New York City -- David Campisi, CEO and president of Sports Authority has suddenly resigned after just 17 months in the position, according to The Denver Post and other newspapers. Campisi joined Sports Authority in 2004 and served in various executive roles prior to being named chief executive and president in 2010. No reason has been given for the departure.

June 8, 2011

Centro Properties Group announced a 13,865-sq.-ft. lease has been executed with Jo-Ann Fabrics and Crafts at Freshwater-Stateline Plaza, located in Enfield, Conn.

Enfield, Conn. -- Centro Properties Group announced a 13,865-sq.-ft. lease has been executed with Jo-Ann Fabrics and Crafts at Freshwater-Stateline Plaza, located in Enfield, Conn.

New York City-based Centro Properties Group is the owner of Freshwater-Stateline Plaza.
 

April 6, 2011

New Rochelle, N.Y.-based Welco Realty, an X Team partner, announced that it has signed a lease representing Jo-Ann Fabric and Craft for 30,000 sq. ft. for a flagship store in the former Comp USA space in Paramus, N.J.

Paramus, N.J. -- New Rochelle, N.Y.-based Welco Realty, an X Team partner, announced that it has signed a lease representing Jo-Ann Fabric and Craft for 30,000 sq. ft. for a flagship store in the former Comp USA space in Paramus, N.J.

This store will be one of the largest format stores for Jo-Ann Fabric and Craft Stores, its first store in the Paramus market. 
 

March 18, 2011

Shareholders of Jo-Ann Stores on Friday approved a $1.6 billion merger with an affiliate of Leonard Green & Partners.

New York City -- Shareholders of Jo-Ann Stores on Friday approved a $1.6 billion merger with an affiliate of Leonard Green & Partners.

Of all the shares that were voted, more than 99% were in favor of the agreement. Those in favor of the pact represented 82 of outstanding shares. The company expects the deal to close Friday.

The company will be delisted from the New York Stock Exchange.

March 18, 2011

Shareholders of Jo-Ann Stores on Friday approved a $1.6 billion merger with an affiliate of Leonard Green & Partners.

New York City -- Shareholders of Jo-Ann Stores on Friday approved a $1.6 billion merger with an affiliate of Leonard Green & Partners.

Of all the shares that were voted, more than 99% were in favor of the agreement. Those in favor of the pact represented 82 of outstanding shares. The company expects the deal to close Friday.

The company will be delisted from the New York Stock Exchange.

March 10, 2011

Jo-Ann Stores reported Wednesday that net income for the quarter ended Jan. 29 rose 8.9% to $40.4 million, compared with $37.1 million in the year-ago period.

New York City -- Jo-Ann Stores reported Wednesday that net income for the quarter ended Jan. 29 rose 8.9% to $40.4 million, compared with $37.1 million in the year-ago period.

Sales increased 3.6% to $624.1 million, just missing Wall Street’s expected $625.1 million. Same-store sales rose 2%.

Chairman and CEO Darrell Webb said the fabric and crafts retailer plans to open 55 to 60 new stores and remodel 60 more this year.

March 10, 2011

Jo-Ann Stores reported Wednesday that net income for the quarter ended Jan. 29 rose 8.9% to $40.4 million, compared with $37.1 million in the year-ago period.

New York City -- Jo-Ann Stores reported Wednesday that net income for the quarter ended Jan. 29 rose 8.9% to $40.4 million, compared with $37.1 million in the year-ago period.

Sales increased 3.6% to $624.1 million, just missing Wall Street’s expected $625.1 million. Same-store sales rose 2%.

Chairman and CEO Darrell Webb said the fabric and crafts retailer plans to open 55 to 60 new stores and remodel 60 more this year.

February 15, 2011

Jo-Ann Stores announced Tuesday that it has received no other takeover bids after a nearly two-month "go-shop" period.

New York City -- Jo-Ann Stores announced Tuesday that it has received no other takeover bids after a nearly two-month "go-shop" period. The fabric and crafts chain said it will therefore ask shareholders to vote on the company's proposed $1.6 billion sale to Leonard Green & Partners LP.

The meeting is scheduled for March 18.

Jo-Ann Stores, which operates 751 stores in 48 states, announced the proposed sale in December. The company had until Feb. 14 to seek a better offer.

February 15, 2011

Jo-Ann Stores announced Tuesday that it has received no other takeover bids after a nearly two-month "go-shop" period.

New York City -- Jo-Ann Stores announced Tuesday that it has received no other takeover bids after a nearly two-month "go-shop" period. The fabric and crafts chain said it will therefore ask shareholders to vote on the company's proposed $1.6 billion sale to Leonard Green & Partners LP.

The meeting is scheduled for March 18.

Jo-Ann Stores, which operates 751 stores in 48 states, announced the proposed sale in December. The company had until Feb. 14 to seek a better offer.