Thank you all for joining in on a very interesting conversation about the demise of JoAnn Fabrics. I felt a bit vindicated once I was reading your thoughtful comments. Also, I almost did bring up the decoration part of JoAnn's but ours in this area did less and less of that over the last 10 years. Ours truly became more of a Michael's with a bit more fabric.
That all said, I'm sure you heard by now but they decided to close 800 stores. How did that happen? So here is the nitty gritty I didn't ...
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