Hancock Fabrics
Encyclopedia
Hancock Fabrics is a specialty retailer
of crafts and fabrics based in Baldwyn, Mississippi
, United States
. Hancock Fabrics operates 266 stores in 37 states under the Hancock Fabrics name.
by Elaine and L.D. Hancock, started out as a cost-efficient retail store and offered a greater selection of merchandise to its customers at lower prices. In 1985, they acquired Minnesota Fabrics based in Charlotte, North Carolina
which operated over one hundred stores under the names Minnesota Fabrics and Fabric Warehouse. By 1992, the company was one of seven major retail piece-goods chains operating 482 stores in the United States.
On March 21, 2007, Hancock Fabrics announced it would file for Chapter 11 bankruptcy. The company closed 104 stores and emerged from bankruptcy in August 2008.
Retailing
Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
of crafts and fabrics based in Baldwyn, Mississippi
Baldwyn, Mississippi
Baldwyn is a city in Lee and Prentiss Counties, Mississippi, United States. Baldwyn is located on Highway 370, due north of Tupelo, Mississippi. It was incorporated by Act of the Legislature in Tishomingo and Itawamba Counties on April 1, 1861...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. Hancock Fabrics operates 266 stores in 37 states under the Hancock Fabrics name.
History
The company, founded in 1957 in Tupelo, MississippiTupelo, Mississippi
Tupelo is the largest city in and the county seat of Lee County, Mississippi, United States. It is the seventh largest city in the state of Mississippi, smaller than Meridian, and larger than Greenville. As of the 2000 United States Census, the city's population was 34,211...
by Elaine and L.D. Hancock, started out as a cost-efficient retail store and offered a greater selection of merchandise to its customers at lower prices. In 1985, they acquired Minnesota Fabrics based in Charlotte, North Carolina
Charlotte, North Carolina
Charlotte is the largest city in the U.S. state of North Carolina and the seat of Mecklenburg County. In 2010, Charlotte's population according to the US Census Bureau was 731,424, making it the 17th largest city in the United States based on population. The Charlotte metropolitan area had a 2009...
which operated over one hundred stores under the names Minnesota Fabrics and Fabric Warehouse. By 1992, the company was one of seven major retail piece-goods chains operating 482 stores in the United States.
On March 21, 2007, Hancock Fabrics announced it would file for Chapter 11 bankruptcy. The company closed 104 stores and emerged from bankruptcy in August 2008.