Michaels has purchased the intellectual property and private label brands of Joann, including Big Twist, after the latter closed all stores due to bankruptcy. Michaels will expand its offerings with ...

Michaels, a major arts and crafts supplies chain and home goods store, will soon offer something new on its shelves following the purchase of Joann fabric’s intellectual property. Michaels announced ...

Joann craft stores closed all locations after filing for bankruptcy twice in one year. Michaels purchased Joann's intellectual property and private label brands. Michaels will expand its fabric and ...

Michaels is hoping to sew up the business of fans who frequented the fabric and craft chain Joann, which has folded all of its stores after filing for bankruptcy. Michaels has acquired Joann's ...