Tag: Joann’s

  • A Joann’s kind of vibe

    A Joann’s kind of vibe

    Michaels, it seems you may be on to something positive here in your yarn and possibly even your fabric sections. Please (please!) don’t let the Private Equity bros that are counting your money screw this up like they did at Joann Fabrics. I’m not sure we can take that kind of heartbreak again.

  • Education, training, or just another money grab?

    Education, training, or just another money grab?

    I have been digging into the back story on a popular fiber arts product that went VIRAL after being on Shark Tank. I have been exploring this recent phenomenon and started with their origin story. According to available public information, the founders left high-profile jobs (one at Google UX and the other at Deutsche Bank/Wall…

  • The end goals

    The end goals

    Over the last couple of days I have been pondering things related to the sustainability of crafting as we know it today. This came about as I was processing the loss of 3 more yarn shops in my local area, and my realization of the depth at which Private Equity (PE) has infiltrated the crocheting,…

  • Craft Economics – a primer

    Craft Economics – a primer

    Many people are taking to YouTube and other social media sites to raise the hue and cry to “Save Joann’s“. While I will be among the sad when (not if) they finally close their doors for the last time, I think it’s really, REALLY important to understand what factors went into this final implosion. I…

  • Stash half-full (a perspective)

    Stash half-full (a perspective)

    The rumors have been flying for some time, and yesterday on Reddit, the details started trickling out. By this morning there were full posts on the decision by Joann’s corporate overlords to declare bankruptcy for a second time in a year. First of all, I want to state my deep and heartfelt sympathy for the…