As the retail chain begins to close its doors, craftsmen throughout the country are coming face-to-face with the new reality of an altered industry. ByElizabeth Grace Coyne, Contributor. Forbes ...

Joann Fabrics, which once had more than 800 locations around the country, will close the last of its stores in May. The Hudson, Ohio-based retailer that filed for bankruptcy twice in a year announced ...

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

New York (CNN) — Michaels is jumping into the void left by the collapse of Joann, announcing Thursday that it’s buying the fabric retailer’s private label and drastically expanding its sewing ...

NEW YORK -- Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels. The Michaels Companies announced Thursday that it had completed its purchase of Joann ...

April 28 marked the end of 112 Joann Fabrics locations around the country, including nine stores in Florida. The crafts retail chain began its going-out-of-business sales after the company filed for ...

At the westside Olympia location, which some staff say will likely close in May, everything is discounted up to 60%, according to signage on the outside of the store. Crafting and decor supplies of ...

NEW YORK — Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels. The Michaels Companies announced on Thursday that it had completed its purchase of ...

Michaels has acquired Joann's intellectual property and private label brands, including the popular "Big Twist" yarn line. Michaels plans to launch over 600 new fabric and sewing products, ...