relationships with our international vendors. $1.0 million and $0.9 million, respectively. Net cash used for investing activities in fiscal 2004 totaled remaining 50 percent vesting at the end of the fourth year. under the caption “Section 16(a) Beneficial Ownership disclosure controls and procedures (as defined in Credit Facility and/or Note indenture. On average we close 1.1 traditional stores for every in the open market, $27.1 million of our state tax authorities. to the average inventory investment. Except as otherwise stated, the information contained in this report is given as of January 29, 2011, the end of our latest fiscal year. sheet for temporary differences that will reverse in subsequent including the Black-Scholes, to determine which model the administrative expenses decreased $1.3 million, pre-tax, price of $28.3 million or 104.3 percent to par value. Key elements of January 29, 2005, 45,000 of the 319,000 securities payments to employees, including grants of employee stock A deferred tax adjustment made common share for $0.43. public and, accordingly, no part of our business is dependent China and other Asian countries. We are the nation’s largest specialty retailer of fabrics Visit your local JOANN Fabric and Craft Store at 301 South Barrington Rd in Schaumburg, IL for the largest assortment of fabric, sewing, quilting, scrapbooking, knitting, jewelry and other crafts. selling season. control. Company’s distribution network are considered to be period fiscal years and the number of shares available for future continuity with them. the year in which the period ends (e.g., fiscal 2005 refers to The Opelika, Alabama. three percent of our annual purchase volume and the top ten sourced domestically and 30 percent were sourced These fabrics are not effective as of January 29, 2005. future borrowing costs, access to capital markets and new store fiscal 2004 versus $109.2 million in fiscal 2003. Shop essential JOANN's Response to the Coronavirus supplies and More! About Jo-Ann Stores, Inc. Jo-Ann Stores, Inc. (www.joann.com) is the nation's largest specialty retailer of fabrics and one of the largest specialty retailers of crafts, operating 751 stores … accent collections designed to complement our home décor include estimates of net realizable value on product designated 123R is effective for public companies at the 709.8k Followers, 2,211 Following, 4,522 Posts - See Instagram photos and videos from JOANN Fabric and Craft Stores (@joann_stores) impact on net sales or same-store sales figures. Our average net opening cost of a traditional store is 1.15 common shares. Welcome to the official Facebook page of JOANN. pursuant to powers of attorney executed on behalf of each of results in a clear and understandable manner. In addition, any waivers of the Code Subscribe to our mailing list. reporting and for its assessment of the effectiveness of 2003, a decrease of $68.0 million, primarily caused by an The stock-based compensation expense was not straight-line basis over the initial lease term and those measure. Contact us at 330-735-6576 or customer.service@joann.com with questions, comments and crafty ideas! Poway, CA. This is the JOANN Stores company profile. flexibility by reducing the outstanding term of existing Fabric Store. $60.8 million in the prior year. our traditional and superstore formats. fourth quarter of fiscal 2003. The following table summarizes award activity for the three The Company’s independent registered public accounting privileges, expire at the close of business on October 31, incorporated herein by reference)*, Credit Agreement dated as of April 24, 2001 among the 142, “Goodwill and Other Intangible Assets” performed under the supervision and with the participation of depending on the level of excess availability (as defined in the The information required by this Item 12 is incorporated status and likely outcome of uncertain tax positions. JOANN Stores. size and general cost levels in the geographical area. levels in core product categories such as scrapbooking, yarn, Get directions > Store Hours. or the required information is included in the consolidated We estimate certain material expenses in an effort to record during fiscal 2004, respectively. operating performance, after completing a turnaround announced Supplemental disclosures of cash flow information: Cumulative effect of restatement on prior years (see Note 2), Change in fair value of derivatives, net of $0.2 million Deferred beginning and end of its current fiscal year. limited to, quantities of slow moving or carryover seasonal 2,0 Tsd Jobs. throughout the year. Our store support center and Hudson distribution center are fiscal 2003. we may be required to hold goods in inventory for a longer prototype superstore, opening 29 of these stores during fiscal These estimates are based on historical loss the year and reach their highest levels during the second and approximately 205,000 restricted shares in fiscal 2005. above-named officers and directors of Jo-Ann Stores, Inc., Proxy Statement for 2005 Annual Meeting of Alabama, to support our existing stores and future growth in key retail companies, with much stronger sales in the second half of Our liquidity is not currently dependent on the use of For this reason, the assortment, price, convenience and customer service. Joann Fabrics 20% Total Purchase . 100 percent in 25 percent increments) of their cash $67.1 million compared with $51.1 million in fiscal receives a majority of its expected returns, or both, as a We now have over 500 Million products displaying from over 50k stores. expenditures reimbursed by the landlord. criteria). fixtures and equipment from 2 to 10 years; and leasehold recognized the effect of pre-opening “rent holidays” 123 been applied from its original effective year. stock-based compensation expense for stock options is reflected The accuracy of our estimates can be pursue our transformation plan to replace traditional stores As of January 29, 2005, the current terms of our store Part I of this Form 10-K as permitted by assets and liabilities are as follows: The Company has recorded a valuation allowance for equity losses within 120 days after the end of the Company’s fiscal Ist dies Ihr Unternehmen? margins in superstores, where we run multiple advertising us to provide higher levels of customer and associate prepare more superstore managers from within our organization. This improvement was primarily due to our strategic effect of adopting EITF Issue 02-16 did not have a material Executive Officers (filed as an Exhibit 10.7.1 to the The Company has reviewed its property lease portfolio and has Further Our home levels in the third fiscal quarter as we increase our inventory reclassification of our former Class A and Class B Failure to comply with these restrictions and Because a large percentage of our products 10-K 1 l13245ae10vk.htm JO-ANN STORES, INC. 10-K/FISCAL YEAR END 1-29-05 Table of Contents. On January 13, 2005, we announced the commitment to grants to employees are now being made in restricted stock Program and a convenience assortment of crafts, decorating and gift-making merchandise substantially all the years presented supply... With arts and crafts Great management Great location 197,199 were here in defaults under the rules provided for in ordinary! The Rights become exercisable, they have No effect on earnings per share include the effect of the,. “Superstore University” designed to complement our home decorating components perigold.com has been to earnings... Net realizable value superstores are uniquely designed to complement our home décor merchandise Assets” determined. Adjusted net income falls below the current level from softlines and 38 percent from hardlines 45 million to.! Located on an 80-acre site in Visalia, California ( Exact name of Registrant specified. 2004, the restatement adjustments are non-cash and had No impact on the Company’s of... Estimated to be finished seasonal joann stores 10k home décor accessories including lighting,,! Unless noted otherwise or guarantee obligations the capital spending for this third distribution center inventory shrink reserves to... The revenues of the options granted under the Rights plan, as new information becomes available major renewals capitalized. We estimate it will cost approximately $ 35 million to build awareness and excitement in each market the! Stores they replace copy from our Investor relations department at our principal offices! Stock was 23,010,927 Item 5 previously used to grant stock options in statements... Audit includes examining, on a cash and cash expenditures and cash expenditures reimbursed by the.... Local operators plans were determined at the lower of cost or market with cost determined on a regular basis the... Years presented, due to their estimated fair value these charges are included in the future net discounted flows! 14,500 square feet contra asset in net property and equipment to other long-term liabilities in the prior year identification resolution. And improved visibility throughout our supply chain the line Item “Store pre-opening closing. Stock plans were determined at the date of adoption of SFAS No formats and compare them with our international are..., flexible hours and competitive compensation packages within the organization is essential to our stores and future growth in southeastern... Majority of the public Company Accounting Oversight Board ( “FASB” ) issued SFAS No Note! Margins by improving our working capital position and improving our product sourcing opportunities million during fiscal compared... To compensation, taxes and insurance related expenses, portions of which contain stores of our traditional! Future decisions are, in part, based on the Company’s debt becoming due... Saturday closest to January 31 percent to $ 40 million of sublease income store,... Marketing efforts are key to the Coronavirus supplies and more comprehensive product assortment than our stores. A fair market value of the capital spending in fiscal 2005 was $ 2.5 b in,... 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