News

Michaels (literally) owns Joann fabrics after craft store buys bankrupt store’s property and brands. Michaels plans to expand its fabric, sewing, and yarn offerings by introducing over 600 new items ...
After the official closure of all Joann Fabrics stores on May 31, many locally owned craft shops in the Milwaukee area have ...
Michaels is hoping to sew up the business of fans who frequented the fabric and craft chain Joann, which has folded all of its stores after filing for bankruptcy.. Michaels has acquired Joann's ...
Michaels has already increased their fabric assortment in more than 680 stores, according to the news release, and plans to grow their selection in an additional 280 stores this year. The craft ...
A Michaels craft store at the former Columbia Mall in Bloomsburg, Pa., June 1, 2025. Joann Fabrics in Maplewood, Minn., April 22, 2025.
Michaels is trying to woo shoppers of fabric and craft retailer Joann, which will close all of its stores by the end of May.. The largest craft retailer in the U.S., Michaels has posted a message ...
Michaels has already increased their fabric assortment in more than 680 stores, according to the news release, and plans to grow their selection in an additional 280 stores this year. The craft ...
Joann, a fabric and craft retailer for more than 80 years, filed for Chapter 11 bankruptcy in January 2025, its second filing in less than a year. More than 800 stores closed, including a final ...