Home / Knowledge / News / Textiles / Jo-Ann sees growth in fabric & sewing notions merchandise

Jo-Ann sees growth in fabric & sewing notions merchandise

07
May '10
Jo-Ann Stores, Inc. reported that net sales for the first quarter ended May 1, 2010, increased 4.4% to $480.3 million compared to $460.0 million for the same period last year. Same-store sales increased 4.1% versus a same-store sales increase of 1.0% for the first quarter last year. Traffic increased 2.9% and average ticket increased 1.2%.

Large-format store net sales for the quarter increased 3.9% to $257.2 million compared to the same period last year. Same-store sales for large-format stores increased 1.9% compared with a decrease of 0.6% in the first quarter last year. Small-format store net sales increased 4.9% to $212.8 million compared to the same period last year. Same-store sales for small-format stores increased 6.9% compared with an increase of 3.0% in the first quarter last year. Internet sales through Joann.com increased 8.4% to $10.3 million compared to the same period last year.

Sewing same-store sales increased 5.5%. The company continued to experience strength in the majority of its fabric and sewing notions merchandise categories. Non-sewing same-store sales increased 3.2% due to growth in core craft merchandise categories and positive same-store sales from seasonal categories.

Jo-Ann Stores, Inc., is the leading national fabric and craft retailer with 750 locations in 48 states.

Jo-Ann Stores Inc


Must ReadView All

Pic: Kristi Blokhin / Shutterstock.com

Textiles | On 3rd Apr 2020

World Bank fast-tracks $1 bn COVID-19 support for India

In its largest ever health sector support to India, the World Bank's...

Pic: Ministry of Defence, Government of India

Apparel/Garments | On 3rd Apr 2020

DRDO develops bio suit with seam sealing glue

To keep the medical, paramedical and other personnel engaged in...

Pic: Shutterstock

Apparel/Garments | On 3rd Apr 2020

China's silk town Shengze sends face masks to Milan

The Shengze Chamber of Commerce in the city of Suzhou in China’s...

Interviews View All

Akash Khetan, Narayan Tex Fab

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Top executives, Textile industry, India

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Binoy Ravjani, Hero's Fashion

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Ramez Basmaji,

Ramez Basmaji

Fabusse is a Lebanon-based fashion agency that offers a variety of...

Abhishek Dhanuka,

Abhishek Dhanuka

Vyom International Pvt Ltd, established in 2002, is one of Surat's leading ...

Ken Butts,

Ken Butts

The mission of Swiss company Datacolor is to empower its customers to make ...

Robin Grankvist, OrganoClick AB

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


March 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search