The Michaels Companies announced on Thursday that it had completed its purchase of Joann’s intellectual property and private label brands — in an acquisition that arrives as the Texas-based arts and crafting chain works to expand its own fabric, sewing and yarn offerings.

Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels. The Golden State governor says "maybe it's time" to cut California's tax contributions in response The post Gavin Newsom Reacts to CNN Report That Trump Is Canceling Funding for the State: ‘Californians Pay the Bills for the Federal Government’ appeared first on TheWrap.

The Michaels Companies announced Thursday that it had completed its purchase of Joann’s intellectual property and private label brands — in an acquisition that arrives as the Texas-based arts and crafting chain works to expand its own fabric,