Craft retail chain The Michaels Companies said on Thursday that it has acquired the beloved fabrics retailer Joann, which recently winded down operations and closed all of its stores after a ...

Joann Fabrics: Pensacola's lone store to close Like its peers, the Pensacola store began a going-out-of-business sale after the nationwide closures were announced and it was marked for liquidation.

In February, just a month after filing for Chapter 11 bankruptcy, Joann announced that it would be closing all of its U.S. retail locations. Many of its stores have already closed, and if your ...

In a release, Michaels said it had completed its "acquisition of the intellectual property and private label brands" once sold by Joann Fabrics, which shuttered its last store on May 31.

Missing Joann Fabrics? Michaels Arts and Crafts steps up to meet the demand Cheryl McCloud, USA TODAY NETWORK - Florida Fri, Jun 6, 2025, 12:15 PM3 min read ...

Michaels now owns Joann - literally. The craft giant cashed in on the demise of Joann, formerly known as Jo-Ann Fabrics, in a recent purchase of its intellectual property and private-label brands.

Michaels now owns Joann - literally. The craft giant cashed in on the demise of Joann, formerly known as Jo-Ann Fabrics, in a recent purchase of its intellectual property and private-label brands. The ...

Products from Joann brands such as Big Twist Value Plus, Big Twist Twinkle, Big Twist Posh and Big Twist Baby Bear will be available in-stores and online later this year, according to the company.

Michaels on Thursday said that its purchase of Joann's IP and private brands included the acquisition of "Big Twist" yarns, which had become a staple in Joann stores over the years. Those "Big Twist" ...

Michaels on Thursday said that its purchase of Joann's IP and private brands included the acquisition of "Big Twist" yarns, which had become a staple in Joann stores over the years. Those "Big ...