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 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 the ...

If you've been missing your beloved Joann Fabric stores since they closed down in May, we have wonderful news: Your favorite crafting supplies are making a comeback! Michaels has stepped in to bring ...

Craft retailer Michaels bought Joann's intellectual property and private label brands. The move comes as Joann closed all stores after filing for bankruptcy. Michaels is expanding its fabric, yarn and ...

IRVING, Texas — Craft retailer Michaels announced Thursday it has acquired the intellectual property and private label brands of Joann Inc., the competing fabric and craft company that filed for ...