(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.
Joann Fabrics, the Ohio-based retailer that closed its 800-plus stores in May, is returning across the nation. Kind of. Michaels, the craft retailer that purchased Joann's intellectual property in ...
IRVING, Texas — Craft retailer Michaels announced Thursday it has acquired the intellectual property and private label brands of Joann Inc., the competing fabric and craft company that filed for ...
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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 ...