Craft retailer Michaels has acquired the intellectual property and private label brands of now-defunct retailer Joann, according to a media release, and the Joann website now forwards to Michaels.
The releases states that Michaels will be developing the “beloved … Read More ...

Now that all the Joann stores have closed, a mysterious message has appeared on the company’s website:
One of the biggest worries I’ve seen from people with the in-progress closing of Joann craft stores is the loss of Big Twist
News broke over the weekend that the auction of Joann’s assets revealed the winning bidder to be an LLC established by GA Group, which planned to liquidate and close all stores. The bankruptcy court had a hearing on the sale … 
Last March the craft retailer Joann announced that it was
In an expected move, craft store chain Joann has filed for bankruptcy to help the company deal with debt problems.