House of Fabrics Acquires Retail Chain
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House of Fabrics Inc. in Sherman Oaks said it acquired Fabric King, which operates a chain of seven retail fabric stores in the Los Angeles area. The cash purchase price was not disclosed.
Fabric King had sales of about $8 million in 1991, House of Fabrics said. The acquisition boosts the number of fabric stores owned by House of Fabrics to 673.
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