The next category that is showing severe signs of ‘boring-storing’ is the arts and crafts category , led by the 1,200-unit Michaels Stores. According to Zacks Investment Research, they are ...

Arts and crafts chain Michaels is the latest retailer to launch an advertising business. Michaels is pitching search and display ads on its website as well as programmatic ads.

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 ...

IRVING, Texas, April 18, 2024 (GLOBE NEWSWIRE) -- Michaels, the best place for all things creative, today announced lower prices on over 5,000 items across categories spanning arts, crafts, DIY ...

Accounting for the loss of a trading week, however, store comps rose 1.4%, the arts and crafts retailer also said. Net income in the quarter fell to $181.4 million from $203 million a year ago.

Where Michaels focuses on convenience and is a general craft store for people “to jump-start their creativity,” Opus is targeted more to art and artisan supplies, Arseneau said.

The Michaels Companies, Inc. has announced a new partnership with Carnival Cruise Line, which is part of Carnival Corporation & plc, as the exclusive arts and crafts provider fleet-wide for guests ...

NEW YORK — Arts and crafts retailer Michaels is going private. The retail chain, based in Irving, Texas, said Wednesday that it has agreed to be acquired by Apollo Global Management Inc. for a ...

Arts and crafts retailer Michaels is hiring 15,000 seasonal workers nationwide starting this month. The retailer’s season begins a bit earlier than the rest of retailing since customers buy ...

The arts and crafts retailer is going private. The Irving, Texas-based retail chain said Wednesday, March 3, 2021, it has agreed to be acquired by Apollo Global Management in a $5 billion deal.

Michaels operates 1,260 stores and was a late entrant into the e-commerce business. It’s also focused on “makers,” or a community of people invested in arts and crafts as a hobby and a business.