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At Ben Franklin's peak, the chain had 2,500 stores nationwide. Ben Franklin Stores purchased Texas retailer Duke & Ayres in the early 1970s. [ 3 ] Duke & Ayres was a chain of 5 and 10 cent stores based in Dallas, Texas , with stores that were located throughout the state from approximately 1910 to 1990.
In 1973, businessman Michael J. Dupey founded Michaels in Dallas, Texas when he converted a money-losing Ben Franklin five and dime store into an arts and crafts store. [4] [5] In 1982, Dallas businessman Sam Wyly bought a controlling interest in the company, which by then had 11 outlets with annual revenues around $10 million. [8]
Among the chain's innovations: Rogers Peet showed actual merchandise in their advertising, advertised fabric types on merchandise, and put price tags on merchandise. The chain went belly-up in 1981. [citation needed] Roos/Atkins – a San Francisco menswear retailer formed in 1957 and expanded throughout the Bay Area in the 60s. The brand went ...
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Jo-Ann Stores, LLC, more commonly known as Jo-Ann (stylized as JOANN), is an American fabric and crafts retail company based in Hudson, Ohio. It operates the retail chains JOANN Fabrics and Crafts and Jo-Ann Etc. As of March 2020, Joann has 865 stores in 49 states. Joann is currently privately owned by Leonard Green & Partners. [4] [5]
Examples of Franklin's use of wove paper in currency appear as early as 1764. This particular note, dated June 18, 1764, printed by Benjamin Franklin and David Hall was issued to the Province of Pennsylvania. [4] Franklin became a great supporter of this superior paper type, and is credited for introducing wove paper to France in 1777. [5]