A store that you likely have wandered into at some point of your life, Michaels, is making a major change. And you can thank the demise of Party City. When Party City went bankrupt and shut down all ...
Craft retail chain The Michaels Companies said on Thursday that it has acquired the beloved fabrics retailer Joann, which recently winded down operations and closed all of its stores after a second ...
Joann stores in Eugene and Springfield were among those closed in 2025. Michaels acquired Joann’s intellectual property and several private brands. A special landing page is available for Joann ...
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 ...
Michaels is hoping to sew up the business of fans who frequented the fabric and craft chain Joann, which has folded all of its stores after filing for bankruptcy. Michaels has acquired Joann's ...
Forbes contributors publish independent expert analyses and insights. Joan Verdon is a veteran retail reporter based in Northern New Jersey. Michaels sees its MakerPlace by Michaels online marketplace ...
IRVING, Texas & NEW YORK--(BUSINESS WIRE)--The Michaels Companies (NASDAQ: MIK) (“Michaels” or “the Company”) and funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO) (together ...
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