Sew you're missing Joann already? Michaels expands fabric, more. What it means for shoppers

Yahoo

13 hours ago

Crafters already missing the fabric, sewing supplies and yarn sold by Joann can breathe a little easier: Michaels is stepping in.
Michaels announced June 5 it has acquired Joann's intellectual property and private label brands after Joann's declared bankruptcy and closed its remaining stores about a week ago.
"Michaels welcomes JOANN customers with continued access to beloved brands, significant expansion of fabric, sewing, and yarn offerings, and special offers," the company announced in a news release June 5.
The company has even created a special website for former Joann's customers.
Here's what's happening, and what Michaels is planning.
Joann, a fabric and craft retailer for more than 80 years, filed for Chapter 11 bankruptcy in January 2025, its second filing in less than a year.
More than 800 stores closed, including a final batch of more than 440 by May 31. Twenty-three of those stores were in Florida.
On June 5, Michaels announced it had "successfully completed the acquisition of the intellectual property and private label brands of JOANN, including the development of the beloved Big Twist brands as part of the Michaels portfolio."
"This acquisition allows us to better serve both new and existing customers, respond to rising demand across categories, and build on our momentum as the destination for creating and celebrating in North America," said David Boone, chief executive officer at Michaels, in a news release.
"Michaels is expanding its fabric, sewing, and yarn assortment, adding over 600 products across new and existing brands, including sewing and quilting supplies, fabric, yarn, specialty threads, sewing machines, and more.
"The acquisition and expanded product assortment reflect progress as Michaels continues to reimagine the customer experience to become the go-to destination for fueling creativity and celebration," the company said.
"JOANN was a beloved destination for creators for generations, and Michaels is honored to serve this community with a dedicated landing page featuring the latest updates and a curated assortment of products."
Among its plans, Michaels is expanding several areas:
: "Searches for 'fabric' on Michaels.com have increased by 77% over the past year and Michaels has responded by making a significant investment in the category, increasing the assortment in over 680 stores, with plans for 280 more stores this year."
Michaels is expanding its selection, including:
Introducing new Brother and SINGER sewing machines
Adding 50+ new needle crafting kits from DMC and Loops & Threads
Debuting 10+ Pellon stabilizers and interfacing, specialty scissors, and thread packs, with Pellon cut-to-order batting coming in August
Expanding assortment with new products from Clover, Fiskars, Coats & Clark, and Velcro
Welcoming Oliso Smart Iron
: "Michaels is actively expanding its yarn assortment by 25% this year to meet soaring customer demand." Here's what is new:
Releasing over 60 new Loops & Threads offerings in-stores and online starting in June
Introducing new and expanding national brand collections from Red Heart, Bernat, and Lion Brand in the summer of 2025
Expanding best-selling Amigurumi kits with 12+ new seasonal offerings in the 2025 holiday season
Welcoming beloved Joann brands, including Big Twist Value Plus, Big Twist Twinkle, Big Twist Posh and Big Twist Baby Bear, which will be available in-stores and online later this year.
Additional products will continue to roll out throughout the year, Michaels said.
There are Michaels stores in 72 Florida cities. To find the nearest one, go to locations.michaels.com/fl.
The arts and crafts store has more than 1,300 stores in 49 states and Canada.
This article originally appeared on Treasure Coast Newspapers: Michaels' Joann brands buy: Fabric, yarn, sewing supplies to expand