Add Yahoo as a preferred source to see more of our stories on Google. Michaels, the chain retailer best known for art and hobby supplies, announced that it was expanding into the party supply business ...

New York (CNN) — The collapse of Party City is giving Michaels an opportunity to expand its selection of balloons and other celebration-themed supplies. Michaels, the retailer best known for selling ...

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 ...