Hancock Fabrics Folds, Prepares To Shut Down All Stores

HANCOCK FABRICS FOLDS, PREPARES TO SHUT DOWN ALL STORES Hancock Fabrics at 5867 Bissonnet St., Bellaire, TX 77401Following yesterday’s sale of the company’s assets in bankruptcy court, Hancock Fabrics announced going-out-of-business promotions at all 8 locations in and around Houston, including Conroe, Katy, Clear Lake and Baytown. The Mississippi-born fabric store, which closed some outposts and reorganized under a previous Chapter 11 filing back in 2007, is now liquidating merchandise at all remaining stores nationwide, writes Dennis Seid. The company opened in 1957; as for how long the final sales will stretch out, an associate at the Gulfton store says that employees aren’t sure —  “It could be July, it could be tomorrow.” [BizBuzz] Photo of Hancock Fabrics at 5867 Bissonnet St.: Edgar V.

One Comment