A.C. Moore

A.C. Moore
Type Public (NASDAQACMR)
Industry Retail
Founded 1985
Headquarters Berlin, New Jersey, U.S.
Products Arts & Crafts, Scrapbooking, Home Decor
Website www.acmoore.com

A.C. Moore (NASDAQACMR) is an arts and crafts retail chain with 132 locations in the eastern United States, with its corporate headquarters in located in Berlin, New Jersey.[1][2] AC Moore sells a variety of arts and crafts products, including scrapbooking, beading, knitting, rubber stamping, home decor items, floral items, Kid's Crafts, paints, framing, greenery and seasonal items.

A.C. Moore was founded as a single arts and crafts store by Jack Parker in 1985 in Moorestown, New Jersey. The store went public in 1997, and the chain's annual sales reached $590 million in 2006, but the company showed a $400,000 loss that year and started a program of modernization, hiring former Office Depot executive Rick Lepley as C.E.O.[2] In October 2007, A.C. Moore opened its online store www.acmoore.com. Since the launch of the online store, as of October 31, 2010, A.C Moore has grown to 135 stores, which are located all over the U.S from Maine to Florida.

References

  1. ^ Van Allen, Peter. (May 14, 2009). Sales plunge, loss widens at A.C. Moore Arts & Crafts
  2. ^ a b Panaritis, Maria (2008-06-10). "A.C. Moore crafting a turnaround". The Philadelphia Inquirer. 

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