GTB Area Retail Blog

Jo-Ann Fabrics was founded as the Cleveland Fabric Shop in 1943. Twenty years later, new stores opened under the Jo-Ann name in 1963 after further expansion outside the single Ohio store. In 1959, Jo-Ann was incorporated as Fabri-Centers of America. In September 1998, the company changed its name to Jo-Ann Stores. After being publicly traded for 12 years, Jo-Ann was sold to private equity firm Leonard Green & Partners on March 23, 2010 and was delisted from the American Stock Exchange (now NYSE American) a year later. In 2021, Jo-Ann filed an initial public offering on the NASDAQ and traded under the stock ticker symbol JOAN. This was the second time in history that Jo-Ann was a public company. However, Leonard Green & Partners retained a majority stake in Jo-Ann Stores. On March 18, 2024, Jo-Ann Stores first filed for Chapter 11 bankruptcy protection. As a result, stock trading was stopped on March 28th with the delisting on April 9th. Jo-Ann was reorganized as a private compa...

This post was originally published to the GTB Retail Seconday Blog on July 6, 2020 and has been republished/rewritten on this blog now with info provided by the Albertsons Florida Blog . Kash n' Karry #848 & #1761/Sweetbay #1761/Winn-Dixie #2444/Future Aldi 1023 N. Tamiami Trail, Ruskin, FL Originally opened on April 6, 1974 as Kash n' Karry store 848 (later 1761), being the first major supermarket in the Ruskin area (and was their 36th location at the time). There was also a Food Lion located 1 mile to the north that existed from 1993 to 2001 in the same plaza as former Kmart #7517 (1982–2003). At 36,426 square feet (not 23,800 square feet on the AFB post), this KNK had several full-service departments ranging from bakery, deli, and meats along with an additional Kare Drugs pharmacy! On May 20, 2006, this store along with 3 others (Fishhawk Blvd, Gunn Hwy, and US 301) became Sweetbay Supermarket as part of Kash n' Karry's rebranding and also received its first inte...