Fabric wholesale merchant Hancock Fabrics, Inc 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. 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
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