Michaels on Thursday said that its purchase of Joann’s IP and private brands included the acquisition of “Big Twist” yarns, which had become a staple in Joann stores over the years.

Michaels on Thursday said that its purchase of Joann’s IP and private brands included the acquisition of “Big Twist” yarns, which had become a staple in Joann stores over the years.

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Michaels has acquired Joann’s brands, including Big Twist yarn, after Joann's bankruptcy. Here’s what we know.

Michaels on Thursday said that its purchase of Joann’s IP and private brands included the acquisition of “Big Twist” yarns, which had become a staple in Joann stores over the years.