Michaels plans to add 500 new party supply products, additional balloon options and enhancements to its in-store events.

Subscribe to TheStreet's free daily newsletter 💵💰 When we — or should we say our parents — planned our birthday parties, everyone knew Party City and Joann were the "it" stores where we could shop ...

The collapse of Party City is giving Michaels an opportunity to expand its selection of balloons and other celebration-themed ...