Jo-Ann Stores Inc. is looking to clobber Wal-Mart in the fabric business as the latter continues to remodel domestic units and pare the fabric department in the process from the new layout.rn"We expect to capture new customers and gain market share as result of this," said Dar-rnrell Webb, chairman, president and ceo, during the fabric and craft chain's first quarter earnings call last week. He estimated nearly 700 revamped Wal-Mart units will be without fabric departments by end of this year.rnJo-Ann's fabric and sewing notion sales are already showing positive signs from reduced competition.
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