Joanns Nesr Me (2024)

FAQs

How long does it take to get hired at Joanns? ›

How long does it take to get hired at JOANN Stores? The hiring process at JOANN Stores takes an average of 13.29 days when considering 428 user submitted interviews across all job titles.

In 1943, German immigrants Hilda and Berthold Reich, Sigmund and Mathilda Rohrbach, and Justin and Alma Zimmerman opened the Cleveland Fabric Shop in Cleveland, Ohio. After further expansion, in 1963, the name was changed to Jo-Ann Fabrics.

Joann — the craft store chain formerly known as Jo-Ann Fabrics — has filed for bankruptcy amid ongoing financial troubles. But DIYers need not worry just yet: The company's more than 800 stores nationwide will remain open and its website will stay active as the Hudson, Ohio-based company restructures its finances.

I didn't have a drug test taken. They give no drug test.

We're flexible when needed to ensure you attain the work/life balance that makes you #joannhappy. We encourage our team members to follow their personal passions and create with a 30% discount on JOANN merchandise for team members and their families.

The company's competitors, Michael's and Hobby Lobby, are both privately owned, so it is unclear how they have performed amid those economic headwinds. The private equity firm Leonard Green & Partners bought Joann for roughly $1.6 billion in 2011, and spun it off publicly in 2021.

Hudson, Ohio-based Joann, which filed for Chapter 11 bankruptcy, reported between $1 billion and $10 billion in debt. In court documents filed Monday, the retailer blamed higher costs from shipping overseas products, as well as waning consumer demand.

The company went private in 2011, when it was purchased by the equity firm Leonard Green & Partners for about $1.6 billion. In 2021, Joann, still majority owned by Leonard Green & Partners, went public at an initial public offering at $12 a share.

Price vs Value

While Michaels is stocked primarily with top of the line products, Joanns offers a broader selection of cheaper, lower-quality products. But while Joanns might seem cheaper in the short term, there is an argument to be made that shopping at a Michaels store will save you more money over a longer-term.

JOAN Stock Forecast FAQ

Based on analyst ratings, JOANN's 12-month average price target is $0.75. JOANN has 673.99% upside potential, based on the analysts' average price target. JOANN has a consensus rating of Hold which is based on 0 buy ratings, 2 hold ratings and 0 sell ratings.

Does Hobby Lobby accept JOANN fabric coupons? ›

Does Hobby Lobby take competitor coupons? Hobby Lobby accepts absolutely no competitors' coupons, including JOANN or Michaels coupons. Hobby Lobby will price match in-store as long as the presented ad doesn't contain special ads, holiday doorbusters, closeout sales, or clearance merchandise.

Whenever we use the words "we," "our," "Jo-Ann," "us," or "Company," we are referring to JOANN Stores, Inc. and its parents, subsidiaries, and affiliates, including, without limitation, joann.com®, LLC and JAS Fabrics and Crafts, LLC.

JOANN's financial performance has been weak for over a year as the company attempts to turnaround its business fortunes. Although JOANN's sales only fell 4% year over year in the fiscal third quarter of 2024, the net loss increased 23%.

On average, the hiring process lasts three to six weeks. Factors determining the hiring process length include the position level, the number of applicants, and the hiring manager's experience level. Recruiters and hiring managers consider the candidate's experiences and how those relate to the position when decidin.

Average JOANN Stores hourly pay ranges from approximately $17.01 per hour for Retail Assistant Manager to $27.95 per hour for Order Picker.

Please note: Standard Ground orders take up to 3 business days (Mon. -Fri.) to process in our warehouse. You will receive an email once your order ships or if any status changes.

How much does JOANN Stores in Texas pay? Average JOANN Stores hourly pay ranges from approximately $8.14 per hour for Cashier/Sales to $34.32 per hour for Stocking Associate. The average JOANN Stores salary ranges from approximately $15,000 per year for Sales Associate to $60,540 per year for Store Manager.