LYCOS RETRIEVER 
Hancock Fabrics
built 632 days ago
Hancock Fabrics Inc. announced that Joseph Borbely began his appointment as the Senior Vice President. Mr. Borbely, 50, has 30 years of operations experience in the retail industry. From 2005 to 2007, he served as Vice President of Operations and Head of Stores for Applied Cash Advance.
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Hancock-fabrics.com is a website that links web users to a variety of different web sites. Hancock-fabrics.com contains various “main categories”, such as “business”, “cars”, “entertainment”, “health”, “homes”, “legal” and “travel”. The Complainant operates 446 retail stores in 43 states, supplies various independent wholesale customers and operates an internet store under its two domain names, hankcockfabrics.com and homedecoratingaccents.com.
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Hancock Fabrics, units, file for Chapter 11 reorganization. By Katherine Hunt. Last Update: 1:26 PM ET Mar 21, 2007. Print Print Email Subscribe to Jan 4 (Reuters) - HANCOCK FABRICS INC. Percent change 2006 2005 Total Same-Store December $41.8. Hancock Fabrics,
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Hancock, one of the few if not the only fabric retailers to sell in fractional lengths on the web, settled on selling fabric in quarter-yard increments. The decision in fractional lengths created problems in other parts of the operation, Bramlet notes. Pricing, for one. Customers choose the quantity in yards and fractions, say, 8.25 yards, but the pricing in the back end is in quarter yards. So what appears to a customer as one product appears to the order management system as 33 products, each a quarter-yard long. Yet the order information in the shopping basket needs to read "8.25 yards" not "33 quarter-yards." Similarly, if a customer returns the order, the order management system has to make sure she receives credit for returning 33 products.
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Hancock Fabrics (Hancock) is a specialty retailer of fashion and home decorating textiles, sewing accessories, needlecraft supplies, and sewing machines. It primarily operates in the US. It is headquartered in Baldwyn, Mississippi and employs about 6,000 people.
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Hancock Fabrics explains its sales have been down recently, but the company is doing all it can to reverse this trend. Its December 2005 sales, the company says, totaled $48.3 million, compared with $49.9 million in the same period of the prior year. Additionally, sales in comparable stores decreased 4.9 percent in December.
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