Michaels Seizes Opportunity Amid Party City and Joann’s Exit from Market
Michaels, a craft retailer, sees opportunities to gain market share as competitors like Party City and Joann struggle. Michaels...
Michaels
Retail Roundup: Vera Bradley Divests Pura Vida, Edible Brands Ventures into Hemp
In a week packed with retail news, Michaels launches a new subscription-based digital platform for creators, while J. Crew...
Joann’s Closure: Michaels and Hobby Lobby Gain Market Share
Lead: Craft giants Michaels and Hobby Lobby are set to seize market share from struggling retailer Joann, as the...
David Boone Takes the Helm at Michaels Amid Competitor Joann’s Struggles
In a recent turn of events, David Boone has taken over as CEO of Michaels, a leading arts and...
Michaels Appoints Interim CEO Team Amidst Rising Competition
Michaels, a craft retailer, has an interim leadership team in place while searching for its next CEO, with board...
Michaels Sets the Standard for Retail Success During the Holiday Rush
This holiday season, retailers face immense pressure to deliver seamless customer experiences while maintaining smooth operations. Michaels, North America's...
Target Cuts Prices on Thousands of Items Amid Inflation
In response to rising inflation, Target is cutting prices on thousands of essential items and signaling the reductions with...
Weekly Closeout: Peloton Drops Free Membership, Asos Revenue Falls
Lead: From Peloton's removal of its free membership tier to Jessica Simpson's Walmart collection launch, and Salomon's CEO departure,...
Michaels Lowers Prices on Over 5K Products
**Lead:** Michaels is slashing prices to 2019 levels or below, aiming to provide exceptional value to customers during these...
Michaels Receives S&P Upgrade on Improved Performance and Credit Metrics
Lead: Michaels, the specialty craft retailer, is making strategic moves to enhance store operations and profitability, with a focus...