Design Group Americas Struggling Financially, Sells Off for $1 Amid Pandemic Impact
In the wake of Joann's bankruptcy and liquidation, craft store supplier DGA is now selling off its U.S. business...
Michaels
Retail Highlights: Michaels’ Early Halloween, Shakira’s Beauty Launch, and More
This week in retail news, major brands make headlines with exciting new partnerships and product launches. Uber Eats teams...
Michaels Acquires Joann’s IP and Private Labels Amid Sewing and Fabric Growth
Michaels has acquired Joann's intellectual property and private labels as its customers' interest in sewing grows. The company did...
Michaels Capitalizes on Party City and Joann Bankruptcies
Michaels is capitalizing on the market share left by retailers like Joann and Party City, which filed for bankruptcy...
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...
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...