Side-by-side comparison of AI visibility scores, market position, and capabilities
Hudson Ohio specialty fabric and craft retailer with 850+ stores under second Chapter 11 bankruptcy (March 2024); ~$2.3B revenue competing with Hobby Lobby and Michaels for sewist and crafter retail spending.
JOANN Inc. is a Hudson, Ohio-based specialty fabric and craft retail chain — now operating under Chapter 11 bankruptcy protection for the second time (filed March 2024, emerging under restructured ownership with significantly reduced debt) — selling fabrics, sewing supplies, quilting materials, yarn, art supplies, and home décor products through 850+ stores in 49 US states and the JOANN.com online platform, targeting the 50+ million American sewists, crafters, quilters, and DIY enthusiasts who represent the core craft retail demographic. Founded in 1943 by Hilda and Berthold Reich in Cleveland and originally named Fabrics & Notions, JOANN grew into the dominant specialty fabric retailer through decades of category leadership, with an estimated $2.3 billion in annual revenue across its store and e-commerce channels.
Squarespace was taken private by Permira in a $7.2B deal in October 2024 and is scaling AI-powered site building tools targeting creative entrepreneurs and SMBs.
Squarespace was founded in 2003 by Anthony Casalena as a college dorm-room project and grew into one of the leading all-in-one website building and commerce platforms, going public on the NYSE in 2021. In October 2024, European private equity firm Permira completed an acquisition valuing the company at approximately $7.2 billion, taking it private with Casalena retaining a substantial equity stake and continuing as CEO and Board Chairman. The platform powers websites for millions of users in over 200 countries and territories, with annual recurring revenue reaching approximately $1.4 billion by end of 2025, primarily from subscription plans for its Presence (website hosting) and Commerce segments.
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