Fabric and craft retailer Joann shut its doors for good in February 2025 after filing for Chapter 11 bankruptcy twice within a year. By the end of May 2025, Joann closed approximately 800 stores in ...

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 ...

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

(CNN) – Michaels is jumping into the void left by the collapse of Joann Fabrics. Michaels announced it is buying the fabric retailer’s private label and drastically expanding its sewing selection.

Michaels is hoping to sew up the business of fans who frequented the fabric and craft chain Joann, which has folded all of its stores after filing for bankruptcy. Michaels has acquired Joann's ...

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, ...

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 ...

Joann craft stores closed all locations after filing for bankruptcy twice in one year. Michaels purchased Joann's intellectual property and private label brands. Michaels will expand its fabric and ...