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Michaels has seized an opportunity to cut a larger space in the craft retail industry ... which shuttered its last store on May 31. In addition, Michaels has also bought the Joann name.

Michaels (literally) owns Joann fabrics after craft store buys bankrupt store’s property and brands. Michaels plans to expand its fabric, sewing, and yarn offerings by introducing over 600 new items ...

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 ...

Michaels has acquired craft and fabric retailer Joann's intellectual property and private label brands, including its popular Big Twist yarns, the company announced this week. Michaels announced ...

A Michaels craft store at the former Columbia Mall in Bloomsburg, Pa., June 1, 2025. Joann Fabrics in Maplewood, Minn., April 22, 2025. "We're honored to have the opportunity to welcome JOANN ...

A Michaels craft store at the former Columbia Mall in Bloomsburg, Pa., June 1, 2025. Joann Fabrics in Maplewood, Minn., April 22, 2025. "We're honored to have the opportunity to welcome JOANN ...

Michaels now owns Joann - literally. The craft giant cashed in on the demise of Joann ... Its latest development in Joann store’s bankruptcy announced earlier this year. Joanns announced it would be ...

Texas retailer Michaels is set to carry labels from Joann, the beloved fabric and craft retailer that declared bankruptcy and shuttered earlier this year. On Thursday, the Michaels Companies said ...