by Mike Duff | Jun 5, 2025 | Retail Articles
The Michaels Cos. has successfully completed the acquisition of the intellectual property and private-label brands of fabric and sewing retailer Joann. Joann filed for Chapter 11 bankruptcy protection in January. The customer base, in-house brands (including the...
by Mike Duff | Feb 19, 2025 | Retail Articles
With the planned closing of 500 of 800 Joann stores, affected Joann shoppers are most likely to turn to other chain craft stores, mass merchants and e-tailers, according to a survey by Numerator of verified Joann shoppers about what alternatives they might seek. If...
by Mike Duff | Jan 15, 2025 | Retail Articles
The Michaels Cos. board of directors has established an interim office of the chief executive officer to provide leadership continuity following the previously announced departure of former CEO Ashley Buchanan, who just took up leadership of Kohl’s. The office of CEO...
by Mike Duff | Jun 28, 2023 | Featured News, Retail Articles
Bed Bath & Beyond held a lease auction for its store locations on June 26, and Burlington Stores was among the most interested parties. According to Pulse Ratings, Burlington appeared to be a top bid winner at the auction, bidding $12 million for 44 locations. In...
by Mike Duff | Dec 20, 2021 | Décor & More, Retail Articles, Tableware
Michaels has added Affirm payment at online checkout, allowing eligible customers to purchase on a buy-now-pay-later basis. Available on Michaels.com now, Affirm payment will launch at the retailer’s store across the United States in the coming months, the two...
