Re:Fabric and craft retailer Joann to go out of business, cl...
by retrochameleon on Tuesday February 25, 2025 @11:31AM
(#43173999)
Optimistic take:
Big box stores closing opens a gap for local stores to fill.
[ Parent
| on HN ]
Re:Fabric and craft retailer Joann to go out of business, cl...
by Reubachi on Tuesday February 25, 2025 @11:56AM
(#43174378)
There's no equivilent stores to fill these spaces. local card shop? Pharmacy? clothes? Restaurant? What is succesful anymore in person?
We all know what will happen, as has happened over and over. Amazon or walmart distribution or fleet service location, OR cleared to make way for a hastily/shoddily put up "luxury apartment complex" made of plastic and plastic+.
Re:Fabric and craft retailer Joann to go out of business, cl...
by alephnerd on Tuesday February 25, 2025 @11:33AM
(#43174024)
Absolutely! There is a PMF for stores selling craft goods to hobbyists.
It's not a business model that can justify a cross national big-box store chain, but it can absolutely support local businesses who can better manage margins.
And this was a major reason why Joann's (and similar big boxes like Toys-r-Us or Borders) couldn't compete.
Re:Fabric and craft retailer Joann to go out of business, cl...
by ksenzee on Tuesday February 25, 2025 @11:38AM
(#43174118)
TBF Joann’s didn’t fail because of their business model. They failed because they were looted by private equity.
Re:Fabric and craft retailer Joann to go out of business, cl...
by alephnerd on Tuesday February 25, 2025 @11:39AM
(#43174129)
I have written a comment below on why this train of thought is reductive.
Re:Fabric and craft retailer Joann to go out of business, cl...
by JKCalhoun on Tuesday February 25, 2025 @11:41AM
(#43174154)
I get your point, but I also see, "Here, take our failed business segment and see what you can do with it".
Guessing too prices for fabric, etc. will be higher.
Re:Fabric and craft retailer Joann to go out of business, cl...
by notcancer on Tuesday February 25, 2025 @12:05PM
(#43174505)
If only local stores could compete with massive conglomerates and private equity.
Re:Fabric and craft retailer Joann to go out of business, cl...
by diego_moita on Tuesday February 25, 2025 @11:40AM
(#43174144)
Pessimistic take: it opens a gap to Aliexpress, Temu and Amazon.
Re:Fabric and craft retailer Joann to go out of business, cl...
by retrochameleon on Friday February 28, 2025 @11:04AM
(#43207151)
As others already pointed out, shopping for some types of things like this is just doesn't really work online when you need to feel and judge things with your hands.
I also noticed that lots of online stores have minimum order quantities.