About A.C. Moore
A.C. Moore is one of the American arts & crafts retail chains. The company has a total of 145 locations in the eastern United States and also its corporate headquarters is situated in Berlin, New Jersey.
The well-known chain is owned & operated by Sbar’s since 2011.
In the year 2019, A.C. Moore declared that it will wind down all its operations, close all stores, as well as will sell some selected leases as well as various other assets to Michaels.
A.C. Moore also sold a variety of arts as well as crafts products, that included scrapbooking, beading, knitting, rubber stamping, home decor items, floral items, children’s crafts, paints, framing, greenery as well as seasonal items.
The company was founded as a single arts & crafts store by Jack Parker in the year 1985 in Moorestown, New Jersey. However, A.C. Moore went public in the year 1997.
By the year 2006, the company acquired a great success with sales of $598 million, however all these numbers started to cut down in the following years.
In the year 2011, A.C. Moore was purchased for a total of $1.61 per-share, that is a valuation of $41 million, by Sbar’s, which is an art supplies distributor situated in nearby Moorestown.
A.C. Moore has an excellent track record. The company is a specialty retailer that offers a large selection of arts, crafts as well as floral merchandise in order to a broad demographic of its customers.
The company not only creates more, share more for its customers but also let’s its customers to save a good amount of money.