Complex sentence: In 1994, the company made its first acquisition with the purchase of "Cloth World", a 342-store southern company; at the time of the acquisition, Fabri-Centers operated 655 stores.
Split into simpler sentences: In 1994, the company made its first acquisition with the purchase of "Cloth World", a 342-store company. At the time of the acquisition, Fabri-Centers operated 655 stores.