US EditionJoann’s Bankruptcy: A Failure of Imagination - The Robin Report
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Joann’s Bankruptcy: A Failure of Imagination - The Robin Report
Joann Fabrics and Crafts has fueled the imaginations of its loyal customers for eight decades. Regrettably, now that it has become just another moribund brand it’s sad to think that Joann’s leadership simply lacked the insight and imagination to reshape the brand to compete and prosper in the “new world” of unified commerce. But that’s what happened, along with bankruptcy.With the advent of unified commerce, increased labor costs, and ever tight…
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