(Reuters) - Michaels Companies Inc will shut down 94 Aaron Brothers framing and art supplies stores, the largest U.S. crafts retailer said on Thursday, as it grapples with the popularity of online ...
Michaels has acquired the intellectual property and private label brands of Joann Fabrics, which recently declared bankruptcy. This acquisition includes popular Joann brands like Big Twist and expands ...
The Michaels Companies on Tuesday reported that fourth quarter net sales fell to $1.8 billion from $1.9 billion, mostly because of an extra week in the previous year's quarter, the previous closure of ...
The best place for all things creative is putting customers first by driving everyday value on some of its most popular items IRVING, Texas, April 18, 2024 (GLOBE NEWSWIRE) -- Michaels, the best place ...
Michaels is reviving Joann's legacy by weaving the shuttered chain's brand and products into its stores nationwide. The arts and crafts retailer will now feature a "Knit & Sew Shop" in every US and ...
Michaels has launched an online marketplace featuring an expanded product assortment from a curated selection of third-party sellers. The marketplace is designed to exponentially grow Michaels’ online ...
Arts and crafts retailing chain Michaels will be sold to a private equity firm. The company announced Wednesday that the firm—Texas-based Apollo Global Management Inc.—will purchase the company at a ...
Nearly three years after buying regional arts and crafts retailer Pat Catan's for $150 million, Michaels is closing all of the brand's 36 stores in Ohio, Pennsylvania, Michigan and West Virginia. "The ...
Popular retailers Michaels, T.J. Maxx and Five Below are slated to come to Yorktown. The national chains are planning to move into the vacant Kmart space in the Yorktown Green shopping plaza, ...
The arts and crafts retailer debuted at $17 per share in its initial public offering, near the low end of its proposed range. Crafty retailer Michaels raised $472 million in its initial public ...