Content about Michaels

June 27, 2014

Michaels Cos. has raised $472 million in an initial public offering.

May 21, 2014

Michaels posted increases on both net and same-stores sales for the first quarter.

May 12, 2014

Michaels has launched its new “inspirational” arts and crafts site that offers 24-hour shopping on any computer, tablet or smartphone.

April 18, 2014

Three months after the country’s largest arts and crafts chain revealed that its namesake and subsidiary stores had been hacked in what promised to be a major payment card security breach, Michaels Stores revealed late Thursday that 2.6 million cards were likely affected in the attack.

April 18, 2014

If retailers want to address credit card breaches head-on, then they need to join the leaders already taking their systems off the radar of advanced malware based attacks — especially any retailer that's seen repeated attacks, which illustrate that traditional IT defenses simply don't cut the mustard.

January 28, 2014

An Illinois consumer has reportedly filed a lawsuit against Michaels Stores in federal court relating to the retailer’s possible recent data security breach.

January 27, 2014

Michaels Stores has learned of possible fraudulent activity on some U.S. payment cards that had been used at Michaels, suggesting that the company may have experienced a data security attack.

December 27, 2013

Michaels Stores Inc., which has been privately held since 2006, is planning to launch an IPO in 2014.

August 29, 2013

Michaels Stores Inc.’s second-quarter profit soared 53.8% amid higher sales and lower interest expenses.

June 27, 2013

Framing and arts supplies retailer Aaron Brothers is reinventing its stores with a new design that celebrates artistic expression and the creative process. The space, which has an urban, modern look, recalls an artist's loft and is set up to provide shoppers with all the tools they need to make better-informed decisions.

June 18, 2013

As part of the celebration of its 40th year, Michaels Arts and Crafts will launch a Michaels Craft Tour this month, stocking an 18-wheeler with a 1,000-sq.-ft. craft room that is transported to various Michaels store openings and other events around the country.

March 13, 2013

Michaels Stores said its fourth-quarter profit rose 15%, boosted by higher sales.

September 6, 2012

Loyalty solution-provider Alliance Data Systems Corp. said that its Canadian coalition loyalty business has signed a new agreement with Michaels of Canada, a subsidiary of Irving, Texas-based Michaels Stores, to issue Air Miles reward miles across multiple Canadian provinces.

August 23, 2012

Michaels Stores Inc. reported that its net income rose 30% to $13 million for the quarter ended July 28, from $10 million in the year-ago period.

August 15, 2012

Michaels Stores is taking its energy conservation efforts to the next level. The arts and crafts retailer has rolled out several advanced extensions to its energy management system. The extensions are expected to bring Michaels’ total EMS-related savings to more than 30%.

July 23, 2012

Michaels Arts and Crafts said it will be seeking a new top executive to replace CEO John Menzer, who has resigned to recover from a stroke.

June 26, 2012

Michaels Stores creative expert Jo Pearson will serve as one of three judges on TLC's new competition series, "Craft Wars."

April 18, 2012

Siemens Building Technologies Division announced that Michaels Stores recently rolled out a series of Siemens advanced extensions to the Site Controls’ energy management system (EMS).

March 30, 2012

Michaels Stores Friday confirmed that it is has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock.

August 22, 2011

Michaels Stores and procurement management firm LogicSource announced a five-year agreement under which LogicSource will provide print procurement and related services to Michaels.

May 13, 2011

Michaels said on Friday it has removed the PIN pad tampering threat from its U.S. stores and believes it has identified the time frame that customer information was exposed.

August 31, 2010

Jacksonville, Fla.-based Regency Centers said it has leased retail space in Cincinnati at Hyde Park...

January 12, 2010

Michaels Stores has gone live with RedPrairie’s warehouse management and workforce management solutions in three...

October 18, 2009

Arts and crafts retailer Michaels will open its first-ever Manhattan store on Oct. 25....

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