The Knit & Sew space in stores, which comes about three months after the craft retailer acquired Joann’s IP, will feature co-branded signage. The launch of both in-store shops by Michaels is a way for ...

Retail chains across all industries have faced mounting economic challenges in recent years, with slower consumer spending leading to mass store closures and even bankruptcies. To avoid the same fate, ...

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If you were frequent customer of Joann Fabrics, here’s some great news. Some months after the retail chain closed their doors for good, Michaels — a former rival — is unexpectedly helping the fallen ...

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This is read by an automated voice. Please report any issues or inconsistencies here. The once-popular, now bankrupt fabric store, Joann, is being resurrected by its previous competitor Michaels.

A few months after the collapse of Joann, a former foe is reviving the crafting and fabric store's brand name. Michaels announced Wednesday that it is bringing a "Knit & Sew Shop" format to all of its ...