Michaels acquires Joann’s intellectual property and popular brands

Joanne’s Craft Travel Shifts to Michaels NEW YORK – The recently closed fabric retailer, Joanne’s Craft Travel, has found a new home with Michaels. Michaels announced on Thursday that it has acquired Joanne’s intellectual property and private label brands, intending to enhance its own offerings in fabrics, sewing, and thread products. In a statement, Michaels’ […]