Michaels announced it has acquired the intellectual property and private label brands of former competitor Joann. The arts and crafts store said it's planning a "significant expansion of fabric, ...
NEW YORK (AP) — Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels. The Michaels Companies announced on Thursday that it had completed its purchase ...
Crafters already missing the fabric, sewing supplies and yarn sold by Joann can breathe a little easier: Michaels is stepping in. Michaels announced June 5 it has acquired Joann's intellectual ...