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Post by miss2peas on Feb 24, 2021 20:23:08 GMT
I haven’t been in Joanns since they were clearancing the papercrafts including the section with Paige Evans, Jen Hadfield, etc. Does anyone know if they are bringing in new collections? Or has that run it’s course?
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msliz
Drama Llama
The Procrastinator
Posts: 6,419
Jun 26, 2014 21:32:34 GMT
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Post by msliz on Feb 24, 2021 20:57:00 GMT
I just went looking for a thread to tell me when they restocked last year. Didn't see one, but in 2019 it looks like it wasn't until April. 2019 JoAnn thread |
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Post by 950nancy on Feb 24, 2021 21:51:59 GMT
My section still has those papers on clearance for 25 cents. It hasn't changed for months.
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msliz
Drama Llama
The Procrastinator
Posts: 6,419
Jun 26, 2014 21:32:34 GMT
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Post by msliz on Feb 24, 2021 23:15:31 GMT
My section still has those papers on clearance for 25 cents. It hasn't changed for months. I think I was last at mine about a week ago, and they were still clearancing too. |
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Post by miss2peas on Feb 25, 2021 1:10:19 GMT
Thank you for the info ladies.
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Post by ScrapbookMyLife on Feb 25, 2021 2:27:43 GMT
My Joanns rarely gets anything new.
Same single sheets of paper and stickers, for years.
Nowadays, they have many of the lightbulb off or pulled out, so the whole store and certain aisles are darker, which makes the whole store feel drab. Add to that, one cashier only. Makes me rarely go in there.
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Post by joblackford on Feb 25, 2021 18:15:12 GMT
I don't believe they're getting rid of it (no insider knowledge, just my hunch) but their restocking schedule has been pretty unpredictable and the pandemic has probably compounded that. I don't think they got all of the new AC collections promptly as they were released even before the pandemic. I think some sell better than others in their stores - Amy Tangerine, Paige and Jenn Hadfield seem to be the ones that do well.
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Post by mom on Feb 25, 2021 20:32:05 GMT
My store had some emphera from Pink Paislee last time I was there that wasn’t matching the other collections. I’m wondering if that is some mew stuff they will be getting that got put out too early?
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scrapmommy3
Junior Member
Posts: 52 
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Post by scrapmommy3 on Feb 25, 2021 20:47:17 GMT
I just read that Joann's parent company is filing for an IPO, meaning they want to be a publicly traded company. Sometimes when retailers do this they let their stock run down and don't buy as much leading up to the IPO as well as offer sales to drive more $$$ into the store to increase their bottom line. This is also the reason to have less stock. After the IPO things will return to normal but then they will have shareholders to answer to which will more than likely change their business to some extent. ie. ETSY changed a lot after their IPO.
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lydiae
Junior Member
Posts: 70
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Post by lydiae on Feb 26, 2021 15:18:01 GMT
Or Joanns got rid of the paper craft section altogether. 🙄 Unless you want a Cricut you're out of luck.
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Post by wendifful on Feb 26, 2021 15:59:22 GMT
I just read that Joann's parent company is filing for an IPO, meaning they want to be a publicly traded company. Sometimes when retailers do this they let their stock run down and don't buy as much leading up to the IPO as well as offer sales to drive more $$$ into the store to increase their bottom line. This is also the reason to have less stock. After the IPO things will return to normal but then they will have shareholders to answer to which will more than likely change their business to some extent. ie. ETSY changed a lot after their IPO. Interesting! Especially since JoAnn used to be a publicly traded company before they were bought by Leonard Green & Partners back in 2010. I found this article which has some interesting insights on the JoAnn and the craft industry in general during the pandemic. |
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