Michaels Gets a Lifeline From Demise of Rivals and Pause on Tariffs. The arts-and-crafts retailer told its debtholders that same-store sales rose 2.3% in May quarter. By Soma Biswas.

Michaels will close its Tracy distribution center in August, affecting 229 employees. Here's what we know. News Sports Entertainment Lifestyle Opinion Advertise Obituaries eNewspaper Legals.

Joann stores in Eugene and Springfield were among those closed in 2025. Michaels acquired Joann’s intellectual property and several private brands. A special landing page is available for Joann ...

Michaels is jumping into the void left by the collapse of Joann, announcing Thursday that it’s buying the fabric retailer’s private label and drastically expanding its sewing selection.

The Michaels Companies announced on Thursday that it had completed its purchase of Joann's intellectual property and private label brands — in an acquisition that arrives as the Texas-based arts ...

In addition, Michaels has also bought the Joann name. Here's a simple breakdown of what is actually going to change, from store names to products and more. When did Joann close?

Michaels has acquired Joann's intellectual property and private label brands – including the Big Twist brands – the craft retailer announced Thursday, June 5.

Michaels has purchased the intellectual property (IP) and private label brands of Joann and will add more than 600 fabric, sewing and yarn products as it seeks to woo this segment of crafting ...

Seth Meyers fondly recalls how 'Saturday Night Live' producer Lorne Michaels was worried about being canceled after saying he 'loved' him in a profile of the comedian.

Michaels, which began wooing Joann customers in early May, has also created a dedicated landing page for those shoppers to make it easier for them to find products and know the latest updates. "We ...

Michaels acquired Joann's intellectual property and private label brands, Michaels announced in a June 5 news release. Michaels is adding more than 600 new products to its stores, including fabric ...