(CNN) – Michaels is jumping into the void left by the collapse of Joann Fabrics. Michaels announced it is buying the fabric ...

Michaels plans to add over 600 products across several categories including quilting supplies, fabric and yarn as well as sewing machines.

Michaels has acquired the intellectual property and private label brands of competitor Joann, which closed its stores after ...

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