Stitch 'n Dish

Tag: private equity

  • 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,…

  • That was fast!

    That was fast!

    My hope for assistance in avoiding mindless fabric and yarn shopping was short-lived. In fact, it didn’t even last a week! On May 31, 2025 the remaining Joann stores closed for good, and today – only 5 days later – the media was filled with announcements about Michaels acquiring Joann’s Intellectual Property (IP) and private…

  • 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…