Jo-Ann Stores was founded in 1943 by Hilda and Berthold Reich and their friends Sigmund and Mathilda Rohrbach.
At first their store sold only cheese. This was successful and fabric was added soon after.
The partners began to open more locations. Eventually the cheese was dropped and the stores concentrated on fabrics under the name Cleveland Fabric Shop.
In the 1960’s the name of the chain was changed to Jo-Ann Fabrics.
Today Jo-Ann Stores, Inc. is a retailer of crafts and fabrics that operates retail chains Jo-Ann Fabrics and Jo-Ann Etc.
Jo-Ann Stores is the #1 fabric retailer in the United States with more than 800 stores in 49 states. The company also operates the e-commerce site, Joann.com.
Jo-Ann Stores is owned by private equity firm Leonard Green & Partners.