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Michaels acquires Joann's brands, welcomes former customers
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 bankruptcy in January and has since closed all of its more than 800 U.S. stores.
Michaels is expanding its fabric and yarn lines after acquiring Joann’s private brands. Here’s what customers can expect.
Michaels says it has acquired Joann's intellectual property and brands. Bankruptcy filings show it has also assumed former ...
Michaels announced Thursday it had acquired the fabric and craft retailer Joann and its intellectual property.
Following the closure of all 800 Joann stores, including 17 in Arizona, Michaels has acquired the sewing brand. What that ...
Michaels says that it plans to expand its fabric, sewing and yarn assortment by adding over 600 products across new and ...
Michaels has acquired the intellectual property and private label brands of competitor Joann, which closed its stores after ...
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 ...
Its latest development in Joann store’s bankruptcy announced earlier this year. Joanns announced it would be closing all its stores. Michaels responded with savage posts trying to woo Joann ...
In its most recent bankruptcy filing, the company cited inventory issues as a big reason for pursuing Chapter 11 protection.
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