News

Joann, Macy's, other store closures part of a 274% spike in retail layoffs in 2025
Job cuts surge 80% in first five months of 2025 with federal funding cuts and retail store closures from companies like ...
Michaels acquires Joann brands: What products Redding customers can expect in stores
Michaels has acquired the intellectual property and private label brands of competitor Joann, which closed its stores after ...
Michaels completes acquisition of Joann’s intellectual property and fan-favorite labels
The Michaels Companies announced on Thursday that it had completed its purchase of Joann’s intellectual property and private ...
Ticker: US, Chinese officials to meet for trade talks; Michaels acquires Joann’s craft brands
Senior U.S. administration officials will meet with a Chinese delegation on Monday in London for the next round of trade ...
Soon Arizona shoppers can buy Joann sewing products at Michaels. What to know
Following the closure of all 800 Joann stores, including 17 in Arizona, Michaels has acquired the sewing brand. What that ...
Major retailer acquires private label brands from beloved craft seller Joann
Texas retailer Michaels is set to carry labels from Joann, the beloved fabric and craft retailer that declared bankruptcy and ...
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Michaels Announces Major News for Joann Fabrics Fans
Michaels Stores Inc. announced on June 5, 2025 it acquired the intellectual property and private label brands for Joann ...
Joann bought out by competitor. What could that mean for metro-east crafters?
This development will allow the company to "better serve both new and existing customers," according to its CEO.