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(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.

Languages: English. You can get in touch with Khaleda by emailing k.rahman@newsweek.com Joann Fabrics has been in operation for around 80 years, but announced in February that it is going out of ...

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Craft retail chain The Michaels Companies said on Thursday that it has acquired the beloved fabrics retailer Joann, which recently winded down operations and closed all of its stores after a ...

Winston-Salem: Hanes Point Shopping Center, 1050 Hanes Mall Blvd. Terms were not disclosed in the acquisition that closed last week. The Michaels chain also acquired Joann's intellectual property ...

Pensacola’s Joann Fabrics and Crafts store at 6601 N. Davis Highway inside the Tradewinds Shopping Center permanently shut down on May 28, joining hundreds of Joann’s locations nationwide.

All remaining Joann fabric and craft stores will close by May 31, 2025. The closures are a result of the company's second Chapter 11 bankruptcy filing in a year. Remaining inventory is discounted ...

Joann, the beloved fabrics, arts, and crafts retailer, is finally shutting its doors for good after a long, slow goodbye. While many of its 800 stores have already been shuttered since the company ...

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 of Joann's ...