Tag: Michaels Inc.

Hobby and craft retailer Michaels launch an online marketplace with an expanded assortment to better support the tens of millions of creatives visiting Michaels.com each month. Through a curated selection of third-party sellers, “the marketplace exponentially grows Michaels’ online assortment in new and existing categories to provide an even wider selection at the quality expected of Michaels within a best-in-class... Read More

The Michaels Companies, Inc. announced a third-quarter fiscal 2020 net sales increase of 15.1% to $1.406 billion; comparable store sales increase of 16.3%; including e-commerce growth of 128.0%. “Michaels delivered strong third-quarter results highlighted by comparable-store sales growth of 16.3%, which was driven by robust consumer demand, improved retail execution and continued progress against our strategic initiatives,” said Ashley Buchanan,... Read More