Add Yahoo as a preferred source to see more of our stories on Google. Joann Fabrics, the Hudson, Ohio-based retailer that closed its 800-plus stores in May, is making a comeback. Now in Michaels ...

The void left by the closing of all Joann’s fabric stores may soon be filled by another nationwide craft store. Michaels announced this week that it has acquired the intellectual property and private ...

Craft retailer Joann is expected to close the last of its 500 stores by the end of the week after the highest bidder from its second bankruptcy filing in less than a year decided to shutter all ...

CEO David Boone, who joined the craft retailer about a year ago, said the company’s efforts in fabric and party supplies have ...

El Paso is losing a popular fabric and craft store. Find out why.

NEW YORK (AP) — 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 ...

The once-popular, now bankrupt fabric store, Joann, is being resurrected by its previous competitor, Michaels. Michaels has introduced a new corner in its many outlets called the Knit & Sew Shop, ...

(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 has acquired Joann's intellectual property and private label brands, including the popular "Big Twist" yarn line. Michaels plans to launch over 600 new fabric and sewing products, ...