Jo-Ann Stores

Jo-Ann Stores, LLC
JOANN
Formerly
  • Cleveland Fabric Shop (1943–1963)
  • Fabri-Centers (1963–1998)
Company typePrivate
Nasdaq: JOAN
IndustryRetail
Founded1943; 81 years ago (1943) in Cleveland, Ohio, U.S.
Founders
  • Hilda Reich
  • Berthold Reich
  • Justin Zimmerman
  • Alma Zimmerman
  • Sigmund Rohrbach
  • Mathilda Rohrbach
Headquarters5555 Darrow Road, ,
United States
Number of locations
855[1] (2021)
Key people
  • Scott Sekella
  • Chris DiTullio (CEO)
ProductsCrafts and fabrics
RevenueIncrease US$2.7 billion (2021)[2]
Increase US$154 million (2021)[2]
Increase US$212 million (2021)[2]
Total assetsUS$2.254 billion (2021)[3]
Total equityIncrease US$1.366 billion (2021)[2]
Number of employees
23,000 (2021)
Websitewww.joann.com

Jo-Ann Stores, LLC, more commonly known as Jo-Ann (stylized as JOANN), is an American fabric and crafts retail company based in Hudson, Ohio. It operates the retail chains JOANN Fabrics and Crafts and Jo-Ann Etc.

As of March 2020, Joann has 865 stores in 49 states. Joann is currently privately owned by Leonard Green & Partners.[4][5]

  1. ^ "Craft retailer emphasizing sharing, technology in new test store". www.bizjournals.com. 13 June 2018. Retrieved 2019-09-03.
  2. ^ a b c d "JOAN Financials". Nasdaq. January 30, 2021.
  3. ^ Cite error: The named reference JoannBK was invoked but never defined (see the help page).
  4. ^ "Company Profile". Dun and Bradstreet. Retrieved 12 December 2020.
  5. ^ Garcia, Tonya. "Joann is going public: 5 things to know about the arts-and-crafts retailer". MarketWatch. Retrieved 2021-04-12.