Michaels has acquired Joann's intellectual property and private labels as its own customers' interest in sewing grows, the company said Thursday. Michaels did not acquire any physical Joann locations ...

NEW YORK (AP) — Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels. The Michaels Companies announced on Thursday that it had completed its purchase ...

Michaels is jumping into the void left by the collapse of Joann, announcing Thursday that it’s buying the fabric retailer’s private label and drastically expanding its sewing selection. In a press ...

Joann S. Lublin regularly contributes to The Wall Street Journal, such as by writing profiles for its Personal Board of Directors feature.

Joann's biggest rival is working to pilfer shoppers, even before the glitter settles on the major craft chain's bankruptcy. Michaels, which operates over 1,000 stores nationwide, is positioning itself ...

Joann's filed for Chapter 11 bankruptcy earlier this year. The location in Vero Beach closed its doors on April 26. There still is a Joann's location open in Jensen Beach for now. Joann's closed 112 ...

FILE - In this April 24, 2020 file photo, customers lineup outside a Michaels store in Houston. (AP Photo/David J. Phillip, File) NEW YORK (AP) — Craft labels from the now-shuttered fabrics seller ...