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 ...

Joann craft stores closed all locations after filing for bankruptcy twice in one year. Michaels purchased Joann's intellectual property and private label brands. Michaels will expand its fabric and ...

(CNN) – Michaels is jumping into the void left by the collapse of Joann Fabrics. Michaels announced it is buying the fabric retailer’s private label and drastically expanding its sewing selection.

With rival retailers Joann and Party City no more, Michaels has added shop-in-shops chainwide that spotlight their product categories. Michaels purchased the intellectual property and private label ...

With the introduction of both new store-in-store concepts, Michaels becomes North America's largest specialty fabric and party retailer IRVING, Texas, Sept. 24, 2025 /PRNewswire/ -- Michaels continues ...

The world got darker for crafting enthusiasts this past February when Joann announced it would be shutting down its operations and closing all its stores. As a fervent Joann fan, I was crushed — where ...

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