Archive for August, 2008
Jo-Ann’s Second-Quarter Report
Wednesday, August 27th, 2008
Jo-Ann Stores announced today a net loss for the second quarter of $11.7 million or $0.47 per share versus a net loss of $18.4 million or $0.76 per share last year.
As reported August 7, net sales for the second quarter increased 3.7 percent to $403 million from $388.5 million last year. Same-store sales increased 3.3 […]
Darice Makes Acquisition
Monday, August 25th, 2008
Darice announced today it has acquired Inque Boutique, a stamping and paper crafting supplier based in Lithonia, Georgia. The deal was completed August 1. As a result of the acquisition, Darice will add 1,000 stamping designs to its current line of scrapbook and stamping products. Inque Boutique’s products are marketed under a variety of trade […]
TNNA Seeks Intern Participation
Monday, August 25th, 2008
The National NeedleArt Association (TNNA) is seeking host companies for its Pathways into Professional NeedleArts (PiPN) program, a joint partnership between TNNA and the University of Akron.
The program consists of two phases. Phase I is a hands-on workshop held on the university’s campus that teaches junior and senior students the fine points of crochet, knit, […]
Industry News
Monday, August 25th, 2008
* People. Stacy Croninger, senior event manager, Creating Keepsakes Conventions; Jennifer Schaerer, editor-in-chief, Paper Crafts magazine, both for CK Media … Jerry Bowman, president, Spellbinders Paper Arts.
* Special Olympics. Athletes at the 2009 Special Olympics World Winter Games in Idaho will receive handcrafted scarves made with Coats & Clark Red Heart® Super Saver® yarns. The […]
More on CHA’s Move to Orlando
Tuesday, August 19th, 2008Here are additional comments on the Craft & Hobby Association’s decision to move its summer show to Orlando in 2009 and to add a consumer event.
As a retailer…I am thrilled that the 2009 CHA summer show will be in Orlando Florida. It will give me a chance to go as I do not travel by […]
Jo-Ann Announces Second-Quarter Sales
Thursday, August 7th, 2008
Jo-Ann Stores reported today that net sales for the second quarter ended August 2, increased 3.7 percent to $403 million from $388.5 million last year. Same-store sales for the same period increased 3.3 percent, compared to an increase of 7 percent last year.
Net sales for the six-month period ended August 2, were $849.1 million compared […]
CHA Posts Orlando Info Online
Thursday, August 7th, 2008
The Craft & Hobby Association (CHA) has posted on its Web site a recording of its first teleconference discussing the organization’s decision to move the summer show to Orlando in 2009. To listen to the recording, visit http://www.craftandhobby.org/_audioconferencecall/.
The 2009 summer trade show will be followed by a consumer show July 31-August 1. Participation in the […]
Hancock Exits Bankruptcy
Tuesday, August 5th, 2008
Hancock Fabrics issued a statement today dated August 1 that it has emerged from Chapter 11 bankruptcy protection after successfully restructuring its business operations and satisfying the conditions to effectiveness set forth in the Plan of Reorganization confirmed by the U.S. Bankruptcy Court for the District of Delaware on July 22.
In conjunction with the plan, […]
Industry News
Tuesday, August 5th, 2008
* Textile Show. The International Textiles Expo is September 8-10 at Bally’s in Las Vegas. For information, visit www.textileshows.com.
* TV. America Sews with Sue Hausmann, Series 2700, uplinks Sunday, September 28, from 1200-1230/513 via NETA. For information, contact KS Productions Inc. at 800/348-3909 or info@ksproductions.org.
* People. Jim Berkebile, inventory control supervisor, and Christa Trivisonno, assistant […]
New Reader Responses!
Tuesday, August 5th, 2008CHA Move to Orlando
In the August 1 issue of Craftrends E-News, we asked your opinion on the Craft & Hobby Association (CHA) moving its summer show to Orlando in 2009 and add a consumer event. In the September 1 issue of Craftrends E-News, CHA will explain their decision. Meanwhile, here’s what readers had to say. […]