Michaels announced it has acquired the intellectual property and private label brands of former competitor Joann. The arts and crafts store said it's planning a "significant expansion of fabric, ...

If you've been missing your beloved Joann Fabric stores since they closed down in May, we have wonderful news: Your favorite crafting supplies are making a comeback! Michaels has stepped in to bring ...

Michaels has acquired the intellectual property and private label brands of Joann Fabrics, which recently declared bankruptcy. This acquisition includes popular Joann brands like Big Twist and expands ...