Crafters will see major savings under the craft retailer's revamped rewards program. Sources: Michaels craft store, Digital ...

A store that you likely have wandered into at some point of your life, Michaels, is making a major change. And you can thank the demise of Party City. When Party City went bankrupt and shut down all ...

Michaels has acquired the intellectual property and private label brands of competitor Joann, which closed its stores after filing for bankruptcy.

Michaels is fueling the joy of creativity and celebration with lower everyday prices on more than 3,000 items across the store including arts and crafts, The Party Shop, The Knit & Sew Shop, DIY, home ...

Michaels has acquired craft and fabric retailer Joann's intellectual property and private label brands, including its popular Big Twist yarns, the company announced this week. Michaels announced the ...