For years, speculation has swirled regarding whether Saturday Night Live creator and executive producer Lorne Michaels would step down. He had been teasing his own retirement for years but, after ...

Michaels announced the acquisition Thursday, saying it would assume over 600 products across multiple categories, including fabric, quilting and sewing supplies, sewing machines, and yarn.

Michaels, which began wooing Joann customers in early May, has also created a dedicated landing page for those shoppers to make it easier for them to find products and know the latest updates.

Michaels, founded in 1973, currently operates 1,300 stores across 49 U.S. states and Canada. Its parent company also owns Artistree, a framing merchandise manufacturer.

Michaels, founded in 1973, currently operates 1,300 stores across 49 U.S. states and Canada. Its parent company also owns Artistree, a framing merchandise manufacturer.

Michaels, founded in 1973, currently operates 1,300 stores across 49 U.S. states and Canada. Its parent company also owns Artistree, a framing merchandise manufacturer.

The Michaels Companies announced on Thursday that it had completed its purchase of Joann’s intellectual property and private label brands — in an acquisition that arrives as the Texas-based ...

Joann stores in Eugene and Springfield were among those closed in 2025. Michaels acquired Joann’s intellectual property and several private brands. A special landing page is available for Joann ...

Michaels said its purchase of Joann's IP and private brands included the acquisition of "Big Twist" yarns, which has been popular in Joann stores for years. The label will be available in stores ...

KEY TAKEAWAYS Michaels is expanding its fabric selection after Joann's collapse, buying its label. The retailer adds 600 products, including Joann's 'Big Twist' yarn and fabric.