8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): November 21, 2005

Jo-Ann Stores, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

Ohio	001-06695	34-0720629
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
5555 Darrow Rd., Hudson, Ohio		44236
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: (330) 656-2600

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On November 21, 2005, Jo-Ann Stores, Inc. announced that it will expand its executive leadership by separating the role of chairman from that of the newly created position of president and chief executive officer. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. - 99.1 Press Release of Jo-Ann Stores, Inc., dated November 21, 2005.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Jo-Ann Stores, Inc.
November 21, 2005	By:	/s/ James Kerr
		Name: James Kerr
		Title: Vice President and Controller

Exhibit Index

Exhibit No.	Description
99.1	Press Release of Jo-Ann Stores, Inc., dated November 21, 2005.

EX-99.1

Exhibit 99.1

NEWS RELEASE

FOR IMMEDIATE RELEASE

CONTACT: Don Tomoff
Vice President, Finance and Treasurer
Jo-Ann Stores, Inc.
330/463-6815
http://www.joann.com

Jo-Ann Stores Announces Realignment of Chairman,
President and CEO Roles

HUDSON, OH – November 21, 2005 – Jo-Ann Stores, Inc. (NYSE:JAS) announced today that it will expand its executive leadership by separating the role of chairman from that of the newly created position of president and chief executive officer. The change will allow the Company to accelerate its ongoing strategic transformation while bringing sharper focus to the execution of the strategy and the management of day-to-day operations.

Under the new structure, Alan Rosskamm, currently chairman, president and chief executive officer, will serve as executive chairman with primary responsibility for the strategic direction, vision, and culture of the Company. An immediate nationwide search will be launched to fill the new position of president and chief executive officer, who will report to Mr. Rosskamm and assume responsibility for day-to-day operations and execution of the Company’s strategy. Mr. Rosskamm will continue to serve as president and chief executive officer during the search process.

Mr. Rosskamm stated, “I believe passionately in the Company’s superstore strategy and our vision for the future. We have a great brand, the leading market position in sewing, and a large and growing share of the market for crafts. As we continue to transform our business from traditional fabric stores to superstores offering a wide assortment of crafts and fabrics, it is clear that we must focus sharply on retail execution and operational excellence. Now is the right time to bring in someone with whom I can partner to accelerate change and secure our future growth and success.”

Gregg Searle, Jo-Ann’s lead independent director, said, “The directors are united in support of Alan’s leadership and strategic vision for the Company. And we agree that this new executive structure will provide the appropriate organizational foundation to take the Company to the next level of growth and performance.”

Jo-Ann Stores, Inc. (http://www.joann.com), the leading national fabric and craft retailer with locations in 47 states, operates 691 Jo-Ann Fabrics and Crafts traditional stores and 154 Jo-Ann superstores.