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Jo-Ann Stores, Inc. Business Reports

Jo-Ann Stores, Inc. Overview

Address

5555 Darrow Rd. Hudson, 
OH 44236 United States
Phone: 330-656-2600
Fax:330-463-6675

Jo-Ann Stores, Inc. Rankings

#849 in FORTUNE 1000 (May 2011)

Company Description

Jo-Ann Stores has sewn up the leadership of the fabric store market. It's the #1 US fabric retailer (ahead of Hancock Fabrics), with more than 750 Jo-Ann Fabric and Craft and Jo-Ann stores in 48 states. The stores sell fabrics and sewing supplies, craft materials, frames, home decorations, artificial floral items, and seasonal goods. Most of the company's small-format stores (averaging 15,000 sq. ft.) are located in strip shopping centers and operate under the Jo-Ann Fabrics and Crafts name. The company also operates more than 225 large-format Jo-Ann superstores (36,000 sq. ft. on average) and an e-commerce site, Joann.com. Leonard Green & Partners took Jo-Ann Stores private in early 2011.

Jo-Ann Stores, Inc. Company Profile Report

Purchase Report
 
$69

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • Company History
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Annual Income Statement
  • Quarterly Cash Flow
  • Annual Balance Sheet
  • Quarterly Balance Sheet
  • Annual Cash Flow
  • Quarterly Income Statement
  • Earning Estimates
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.
  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.
  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.
  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.
  • Key People

    Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.
  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

Purchase Report
 
$69

    Choose below from the available Industry Reports related to 

  • Gift, Novelty & Souvenir Stores Industry Report
  • Toy & Hobby Stores Industry Report
  • Retail Sector Industry Report

Gift, Novelty & Souvenir Stores Industry Report

Purchase Report
 
$129

Overview

The US gift, novelty, and souvenir store (gift store) industry includes about 30,000 stores with combined annual revenue of about $18 billion. Major companies include Hallmark, Spencer Gifts, and Disney Stores (a division of The Walt Disney Company). The industry is fragmented: the top 50 companies account for about 30 percent of sales.

SIC: 5947, 5992

NAICS: 453110, 453220

 

Sample Questions & Answers

What is the company’s most serious competitive threat?

Gift stores face intense competition from mass merchandisers, department stores, and Internet retailers. Wal-Mart and Target are two top destinations for gift shoppers, according to Unity Marketing. Reseller websites, such as eBay, and craft sites...

 

How do changes in consumer spending affect the company’s sales?

Most gifts are discretionary purchases and gift sales depend on consumer spending. While consumers may not eliminate gift purchases when the economy slows, many spend less and are less likely to buy additional items for themselves on impulse. Without...

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.
    • Trends & Opportunities

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
    • Call Preparation Questions

      Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
    • Industry Forecast

      Identify growth and integrate projections in your own business planning.
    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.
    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Gift, Novelty & Souvenir Stores Industry Report

    Purchase Report
     
    $129

    Toy & Hobby Stores Industry Report

    Purchase Report
     
    $129

    Overview

    The US toy and hobby store industry includes about 9,000 stores with combined annual revenue of about $20 billion. Major companies include Toys "R" Us, Michaels Stores, and AC Moore Arts & Crafts. The industry is highly concentrated: the top 50 companies generate about 85 percent of revenue.

    SIC: 5945

    NAICS: 451120

     

    Sample Questions & Answers

    How do changes in consumer spending affect the company's business?

    Most consumers classify toys and hobby products as leisure purchases, and sales depend on personal income, consumer confidence, and economic health. During the late 2000s recession, personal consumer expenditures on recreational goods slowed...

     

    How does the company compete with mass merchandisers?

    Toy and hobby stores face strong competition from mass merchandisers like Wal-Mart and Target. In addition, toy stores must compete with consumer electronics retailers like Best Buy for sales of electronic toys and video games. By expanding craft and...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.
      • Trends & Opportunities

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
      • Call Preparation Questions

        Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
      • Industry Forecast

        Identify growth and integrate projections in your own business planning.
      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.
      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Toy & Hobby Stores Industry Report

      Purchase Report
       
      $129

      Retail Sector Industry Report

      Purchase Report
       
      $129

      Overview

      The US retail industry includes about 1 million outlets with combined annual revenue of about $4 trillion. Major companies include Wal-Mart, Home Depot, Kroger, Costco, and Target. While large companies dominate some retail sectors (such as mass merchandisers and grocery stores), other sectors (such as auto dealers and convenience stores) are fragmented. Many specialty retailers are single-store operations.

      SIC: 5983, 5984, 5989, 5992, 5993, 5994, 5995, 5999, 7389, 5211, 5231, 5251, 5261, 5271, 5311, 5331, 5399, 5411, 5421, 5431, 5441, 5451, 5461, 5499, 5511, 5521, 5531, 5541, 5551, 5561, 5571, 5599, 5611, 5621, 5632, 5641, 5651, 5661, 5712, 5713, 5714, 5722, 5731, 5734, 5735, 5736, 5912, 5921, 5932, 5941, 5942, 5943, 5944, 5945, 5946, 5947, 5948, 5961, 5962

      NAICS: 445299, 445310, 446110, 446120, 446130, 446191, 446199, 447110, 447190, 448110, 448120, 448130, 448140, 448150, 448190, 448210, 448310, 454319, 454390, 448320, 451110, 451120, 451130, 451140, 451211, 451212, 451220, 452111, 452112, 452910, 452990, 453110, 453210, 453220, 453310, 453910, 453920, 453930, 453991, 453998, 454111, 454112, 454113, 454210, 454311, 454312, 441110, 441120, 441210, 441221, 441222, 441229, 441310, 441320, 442110, 442210, 442291, 442299, 443111, 443112, 443120, 443130, 444110, 444120, 444130, 444190, 444210, 444220, 445110, 445120, 445210, 445220, 445230, 445291, 445292

       

      Sample Questions & Answers

      How sensitive is the company's business to the economy?

      Economic factors, including personal income, consumer confidence, job growth, and interest rates, can greatly affect consumer spending and the retail sector. During recessionary periods, retail sales growth can slow drastically and even decline.

       

      How does the company compete with large retailers?

      In many retail segments, large companies dominate and hold the majority of the market. Even specialty retailers in fragmented markets must compete with mass merchandisers and warehouse clubs that offer a smaller selection of comparable merchandise at...

       

      To read this full Call Prep Question and others, purchase the full report.

       

      General Report Description

      Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

       

      Sections Included in Report

      • Industry Overview
      • Quarterly Industry Update
      • Business Challenges
      • Trends and Opportunities
      • Call Preparation Questions
      • Financial Information
      • Industry Forecast
      • Website and Media Links
      • Glossary of Acronyms

        Industry Report Highlights:

        • Recent Developments

          Stay up to date on crucial industry news that may affect your strategy.
        • Trends & Opportunities

          Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
        • Call Preparation Questions

          Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
        • Industry Forecast

          Identify growth and integrate projections in your own business planning.
        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
        • Executive Insight

          Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
        • Financial Information

          Increase your credibility and support your presentations by adding verifiable industry metrics.
        • Web Links & Acronyms

          Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

        Retail Sector Industry Report

        Purchase Report
         
        $129

        Jo-Ann Stores, Inc. Overview

        Top 3 Competitors

        Company: A.C. Moore Arts & Crafts, Inc.
        Location: Berlin, NJ

        Company: Albecca Inc.
        Location: Norcross, GA

        Company: Amazon.com, Inc.
        Location: Seattle, WA

        Industries where Jo-Ann Stores, Inc. Competes

        Toy & Hobby Stores
        Read More

        Transportation Equipment Manufacturing
        Read More

        Retail Sector
        Read More

        Home Furniture & Housewares Stores
        Read More

        Party & Holiday Accessories Stores
        Read More

        Gift, Novelty & Souvenir Stores
        Read More

        Competitive Landscape Brief

        Consumer spending, special occasions, and tourist travel drive demand. The profitability of individual companies depends on effective merchandising and the ability to generate store traffic. Large companies have advantages in purchasing, distribution, and marketing. Small companies can compete effectively by selling specialty products, providing superior service, or delivering a unique customer experience. The industry is labor-intensive: average annual revenue per worker is about $60,000. Gift stores compete with a wide range of businesses because they stock merchandise across many categories. Major competitors include mass merchandisers, department stores, Internet retailers, home shopping channels, warehouse clubs, and toy stores.

        Jo-Ann Stores, Inc. Competitive Landscape

        Purchase Report
         
        $69

        Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

         

        Sections Included in Report

        • Key Numbers
        • Profitability
        • Valuation
        • Operations
        • Financial Ratios
        • Per Share Data ($)
        • Growth Statistics
        • *Data provided for 3 to 30 competitors

          Company Landscape Report Highlights

          • Competitors List

            Identify specific primary and secondary competitors, allowing you evaluate the chances of successfully introducing new products.
          • Competitive Landscape

            Access detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

          Competitive Landscape Report

          Purchase Report
           
          $69

          Jo-Ann Stores, Inc. Overview

          Address

          5555 Darrow Rd. Hudson, 
          OH 44236 United States
          Phone: 330-656-2600
          Fax:330-463-6675

          Jo-Ann Stores, Inc. Rankings

          #849 in FORTUNE 1000 (May 2011)

          Company Description

          Jo-Ann Stores has sewn up the leadership of the fabric store market. It's the #1 US fabric retailer (ahead of Hancock Fabrics), with more than 750 Jo-Ann Fabric and Craft and Jo-Ann stores in 48 states. The stores sell fabrics and sewing supplies, craft materials, frames, home decorations, artificial floral items, and seasonal goods. Most of the company's small-format stores (averaging 15,000 sq. ft.) are located in strip shopping centers and operate under the Jo-Ann Fabrics and Crafts name. The company also operates more than 225 large-format Jo-Ann superstores (36,000 sq. ft. on average) and an e-commerce site, Joann.com. Leonard Green & Partners took Jo-Ann Stores private in early 2011.

          Jo-Ann Stores, Inc. Spotlight on IT

          Purchase Report
           
          $300

          Hoover’s Spotlight Reports on IT give you a look inside of IT departments of top companies, making it easier for you to learn, prepare, and sell to the IT professionals that lead them. These reports reveal the software and platforms that are currently in use, an overview of the IT department and their strategy, and the IT leaders that make the decisions.

           

          Sections Included in Report

          • Company Overview
          • IT Strategy
          • IT Highlights
          • IT Executives
          • IT Contacts
          • Recent News and Activity
          • Conversation Starters
          • Industry Data
          • Major Subsidiaries and Locations

            Information Technology Report Highlights

            • Company Overview

              Quickly grasp how company operates and understand their current business environment, ensuring you make the right first impression with minimal time invested.
            • IT Highlights

              Be in the know about a company's current infrastructure before you make contact with the list of applications, software, and hardware presently in use.
            • IT Contacts

              Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you don't waste time talking to the wrong contact.
            • Conversation Starters

              Gain instant rapport by engaging you sales prospect as a fellow industry "insider," thanks to these carefully-designed call preparation question (with answers).
            • Major Subsidiaries & Locations

              Uncover new cross-sell and up-sell opportunities by exploring the company's corporate relationships.
            • Business Challenges

              Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
            • IT Strategy

              Identify industry trends, opportunities, and challenges that a company is facing right now - often directly from the mouths of its own executives.
            • IT Executives

              Learn the background and technology interests of the company's IT executives, allowing you to strategically position your product in a way that's compatible with their vision.
            • Recent News & Activity

              Stay connected to your prospects and customers by communicating with them about recent developments that affect their business.
            • Industry Data

              Find the SIC and NAICS codes for the oftentimes disparate industries a company does business in to ensure your sales presentation delivers a wide-reaching and compelling value proposition.