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Hancock Fabrics was founded in 1957 in Tupelo, Mississippi by Elaine (1922-2015) and Lawrence Doyce (L.D.) Hancock (1913-1998), started out as a cost-efficient retail store and offered a greater selection of merchandise to its customers at lower prices.
Hancock Fabrics – bankrupt 2016; intellectual property acquired by Michaels; ... On December 7, 2019, a second location was opened at The Galleria in Houston, Texas
[19] [20] The membership discount chain operated in California, Nevada, Arizona, and Houston. [21] Memco, a similar store, operated in the Chicago, Washington, D.C., and Houston areas. [18] In October 1971, Lucky Stores acquired Kragen Auto Supply in a stock swap. [22] Lucky acquired Hancock Fabrics in 1972 [23] for $56.7 million in stock.
Hancock Fabrics closed its remaining 185 stores in 2016 as a result of its Chapter 11 bankruptcy filing. [160] A vast majority of its stores were sold to Michaels. [161] Hastings Entertainment, which filed for bankruptcy in June 2016, closed all stores by the end of 2016. [162]
Hancock Fabrics Reports 1 st Quarter Operating Income Increased by 209% - a $2.5 Million Increase BALDWYN, Miss.--(BUSINESS WIRE)-- Hancock Fabrics, Inc. (OTC symbol: HKFI) today announced ...
Jo-Ann Stores, LLC, (stylized JOANN) is an American specialty retail chain specializing in fabrics and arts and crafts supplies. The chain is based in Hudson, Ohio, and had operated 800 stores across 49 U.S. states until the beginning of 2025. By the end of February 2025, the company began the process of liquidating all of its stores after ...
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