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 ...

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, ...

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 ...

The void left by the closing of all Joann’s fabric stores may soon be filled by another nationwide craft store. Michaels announced this week that it has acquired the intellectual property and private ...

Michaels has purchased the intellectual property (IP) and private label brands of Joann and will add more than 600 fabric, sewing and yarn products as it seeks to woo this segment of crafting ...

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 ...