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.

I very much agree with Marc Morial's views in a recent guest column regarding the current efforts to whitewash history. Growing up in the 1960s in an all-White small Pennsylvania ...

Michaels has acquired the intellectual property and private label brands of competitor Joann, which closed its stores after filing for bankruptcy.

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The remaining 440+ Joann stores will close by May 31. The fabric and craft retailer filed for bankruptcy in January 2025, its second within a year.

I very much agree with Marc Morial's views in a recent guest column regarding the current efforts to whitewash history. Growing up in the 1960s in an all-White small Pennsylvania ...