Michaels announced Thursday it had acquired the fabric and craft retailer Joann and its intellectual property.

NEW YORK — Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels. The Michaels Companies announced on Thursday that it had completed its purchase ...

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 ...

The arts and crafts retailer is expanding its fabric, sewing supplies and more. Michaels has acquired craft and fabric retailer Joann's intellectual property and private label brands, including ...

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 ...