| Joann.com Overview |
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- From one 1400-square-foot store in 1943 to almost 1,000 United States locations today-employing more than 20,000 people-Jo-Ann Stores, Inc., has not only witnessed a creative explosion in sewing and crafts, it has helped inspire it.
- Hilda and Berthold Reich, along with their friends, Sigmund and Mathilda Rohrbach, founded the business in 1943. Both immigrant couples from Nazi Germany, they came to Cleveland, Ohio, to start a new life. Mr. Reich had been importing cheese in a small east-side storefront when the Rohrbachs approached him to sell fabrics. (The Rohrbachs’ son, Max, was a fabric salesman whose company offered to supply them with remnants to start.)
- Further expansion in the 1950s and 1960s led to a new name, Jo-Ann Fabrics, which the families came up with by combining the names of their daughters, Joan Zimmerman and Jacqueline Ann Rosskamm. By 1969, the business had grown to 169 stores in 28 states and had become a publicly held corporation, trading on the American Stock Exchange under the name of Fabri-Centers of America, Inc. In 1976, it joined the New York Stock Exchange. In 1999, the corporate name was changed to Jo-Ann Stores, Inc.
- During 1999, Jo-Ann Stores invested in SAP retail information software, which allows the company to automatically replenish stores and use sales data to generate store orders. That same year, Jo-Ann leased a distribution center in California to handle much of the company’s seasonal merchandise. Planning started for building a new West Coast distribution facility.
- Today, Jo-Ann Stores, Inc. is a leading national specialty retailer of crafting, decorating, and sewing products-a “Create-It-Yourself” Superstore. We sell fashion and decorator fabrics, related notions, patterns, crafts, seasonal products and other merchandise. We sell the components to which our customers add their own talent and time to make fun and exciting projects. We are the only fabric and craft retailer that offers creative people everything they need-the products, the assistance, and the inspiration-to fulfill their creative dreams.
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Joann.com
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