Following the closure of all 800 Joann stores, including 17 in Arizona, Michaels has acquired the sewing brand. What that ...

Michaels is expanding its fabric and yarn lines after acquiring Joann’s private brands. Here’s what customers can expect.

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

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. In a ...

In its most recent bankruptcy filing, the company cited inventory issues as a big reason for pursuing Chapter 11 protection.