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 the ...

Some months after Joann stores closing its doors for good, Michaels – a former rival – is unexpectedly helping the fallen crafting and fabric store brand.

A store that you likely have wandered into at some point of your life, Michaels, is making a major change. And you can thank the demise of Party City. When Party City went bankrupt and shut down all ...