home about categories posts news
discussions archive recommendations faq contacts

Craft Retailer Closes Doors After Over 80 Years in Business

February 25, 2025 - 11:37

Craft Retailer Closes Doors After Over 80 Years in Business

In a significant shift in the retail landscape, a well-known craft retailer has announced the closure of all its 800 fabric stores. This decision comes after the company was unable to secure a buyer to help sustain its operations. Founded over eight decades ago, the retailer has been a staple for crafters and hobbyists, providing a wide variety of fabrics, sewing supplies, and crafting materials.

The closure marks the end of an era for many loyal customers who have relied on the store for their creative projects. The company cited various challenges, including increased competition from online retailers and changing consumer habits, as factors contributing to its decision. Employees and customers alike are expressing their disappointment over the news, as the stores have been community hubs for crafting enthusiasts.

As the retailer prepares to wind down its operations, liquidation sales are expected to begin shortly, offering customers a final opportunity to purchase their favorite supplies at discounted prices. This closure serves as a reminder of the evolving nature of retail and the impact of digital shopping trends on traditional brick-and-mortar stores.


MORE NEWS

AIA Group Reports Significant Growth Driven by Demand in Hong Kong and China

April 30, 2025 - 07:27

AIA Group Reports Significant Growth Driven by Demand in Hong Kong and China

AIA Group Ltd. has announced a notable increase in the profitability of new policies during the first quarter, reflecting a year-on-year growth trend. This surge in performance is largely...

Small Business Owners Advocate for Tariff Relief

April 30, 2025 - 01:04

Small Business Owners Advocate for Tariff Relief

Rebecca Minkoff, the founder and Chief Creative Officer of her eponymous brand, recently highlighted the significant challenges small business owners encounter due to current tariffs. In a...

Tech Titans Suffer Massive Losses Post-Trump Inauguration

April 29, 2025 - 19:20

Tech Titans Suffer Massive Losses Post-Trump Inauguration

Elon Musk, Jeff Bezos, Mark Zuckerberg, and Jensen Huang lost a collective $194 billion in wealth since attending Trump`s inauguration 100 days ago. The financial downturn has raised eyebrows as...

Controversy Surrounds Lockheed Martin's F-35 Program Amidst Criticism

April 29, 2025 - 09:07

Controversy Surrounds Lockheed Martin's F-35 Program Amidst Criticism

The F-35 program, despite being heralded as a leading fighter jet, has faced significant scrutiny due to its soaring costs and ongoing development challenges. Critics, including political figures...

read all news
home categories posts about news

Copyright © 2025 Capfon.com

Founded by: Matthew Scott

discussions archive recommendations faq contacts
terms of use privacy policy cookie policy