Jo-Ann Stores cuts 8 percent of staff
July 19, 2001,
Hudson, OH — Jo-Ann Stores announced that it will eliminate 8 percent of its workforce, or approximately 55 employees, most of whom work at the corporate offices here.
Over the past three years, the company has invested more than $210 million to install new enterprise-wide information systems, build a new distribution center on the West Coast and open more than 50 Jo-Ann etc superstores, among other items.
Jo-Ann Stores currently operates 928 Jo-Ann Fabrics and Crafts stores and 62 Jo-Ann etc superstores in 49 states.