Hancock Fabrics Provides Hurricane Update
28 September 2005 - 2:16AM
Business Wire
Hancock Fabrics, Inc. (NYSE:HKF), today reported that the operating
hours of 31 stores were affected by Hurricane Rita. Through Monday,
these stores lost a total of almost 100 full days of business and
25 partial days. Fifteen of the stores remained closed on Monday;
however, at least eleven of them are expected to reopen today.
Twenty-nine of the stores have reported that there was no serious
property damage, while the Company is awaiting reports on the other
two stores. In addition, 4 stores remain closed due to Hurricane
Katrina. Hancock Fabrics, Inc. is a specialty retailer of fabric
and related home sewing and decorating accessories. The Company
operates 447 retail fabric stores in 43 states and operates an
internet store under the domain name, www.hancockfabrics.com.
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