Michaels gains sales as competitors close stores. Despite facing its share of challenges, crafts giant Michaels has managed to adapt nicely in the post-pandemic era. That doesn't ...

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 ...

Michaels is jumping into the void left by the collapse of Joann, announcing Thursday that it’s buying the fabric retailer’s private label and drastically expanding its sewing selection.

Places like TJMaxx, HomeGoods, or Marshalls offer affordable table runners, napkins, shower curtains, and bedding that can be ...

Michaels, founded in 1973, currently operates 1,300 stores across 49 U.S. states and Canada. Its parent company also owns Artistree, a framing merchandise manufacturer.

Michaels, founded in 1973, currently operates 1,300 stores across 49 U.S. states and Canada. Its parent company also owns Artistree, a framing merchandise manufacturer.

Michaels sells fabric from bolts on its website, but not in its stores. Hanckock Fabrics was a Baldwyn, Miss.-based chain of 250 stores in 37 states when it filed for bankruptcy in February.

In response, Michaels is adding 600 products across several categories, including sewing and quilting supplies, fabric and yarn as well as sewing machines. So far, 680 of its 1,300 stores have ...