Michaels, a major arts and crafts supplies chain and home goods store, will soon offer something new on its shelves following the purchase of Joann fabric’s intellectual property. Michaels announced ...

Michaels announced it has acquired the intellectual property and private label brands of former competitor Joann. The arts and crafts store said it's planning a "significant expansion of fabric, ...

Joann craft stores closed all locations after filing for bankruptcy twice in one year. Michaels purchased Joann's intellectual property and private label brands. Michaels will expand its fabric and ...

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 ...

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 ...