Michaels has acquired the intellectual property and private label brands of competitor Joann, which closed its stores after filing for bankruptcy.

Joann fabric and craft stores will live on — sort of. Michaels announced Thursday it has acquired the intellectual property and private label brands of Joann and plans to expand its fabric, sewing and ...

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 has acquired craft and fabric retailer Joann's intellectual property and private label brands, including its popular Big Twist yarns, the company announced this week. Michaels announced the ...

Michaels has purchased the intellectual property and private label brands of Joann, including Big Twist, after the latter closed all stores due to bankruptcy. Michaels will expand its offerings with ...

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 ...

Good news for Milwaukee crafters still mourning the loss of Joann Fabrics: Michaels stores will be stocking some Joann brands. Joann Fabrics officially closed all of its stores earlier this year after ...