Michaels is expanding its fabric selection following Joann’s collapse

cnn.com/2025/06/05/business/michaels-acquires-joann-ip-private-labels

Michaels is jumping into the void left by the collapse of Joann, announcing Thursday that it’s buying the fabric retailer’s private label and drastically expanding its sewing selection.
In a press release, Michaels said that searches on its website for the word “fabric” have jumped…

This story appeared on cnn.com, 2025-06-05 19:58:15.678000.
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