About The Michaels Companies, Inc
The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores for hobbyist and do-it-yourself home decorators in the United States and Canada. It operates Michaels stores that offer approximately 45,000 basic and seasonal stock-keeping units in arts, crafts, framing, floral, and home décor and seasonal merchandise. The company also provides private brands, including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, ArtMinds, Artist’s Loft, Craft Smart, Loops & Threads, Simply Tidy, Make Market, Foamies, LockerLookz, Imagin8, and other sub-brands. In addition, it owns and operates Artistree, which supplies precut mats and custom framing merchandise. As of January 30, 2021, the company operated approximately 1,252 Michaels retail stores in 49 states and Canada. It also serves customers through Michaels.com, Canada.Michaels.com, and michaelscustomframing.com websites, as well as through its Michaels app. The company was incorporated in 1983 and is headquartered in Irving, Texas. Address: 3939 West John Carpenter Freeway, Irving, TX, United States, 75063
The Michaels Companies, Inc News and around…
Latest news about The Michaels Companies, Inc (MIK) common stock and company :
The Michaels Companies, Inc., the largest arts and crafts retail chain in North America, today announced it will hire over 20,000 seasonal positions across its U.S. and Canada stores and distribution centers in preparation for the 2021 holiday season.
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A fairly vague revitalization plan from a year ago has gelled into some smart specifics. The initiatives seem to be working too.
Michaels, the leading arts and crafts retailer in North America, today announced the company has launched a pilot program with Instacart.
Target announced a new private-label snacks brand last week, Favorite Day.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The Michaels Companies (NasdaqGS: MIK) to funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO). Under the terms of the proposed transaction, shareholders of Michaels will receive only $22.00 in cash for each share of Michaels that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Joann is going public at a time when many people have turned to arts-and-crafts as a pastime during COVID-19.
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Company has also completed the rollout of Crafter's Square, another addition to the active arts-and-crafts retail category.
The Michaels Companies, Inc. (NASDAQ: MIK) today announced financial results for the fourth quarter and full year fiscal 2020 ended January 30, 2021.
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Sapiens International Corp NV (SPNS), where a total of 2,197 contracts have traded so far, representing approximately 219,700 underlying shares. That amounts to about 179.7% of SPNS's average daily trading volume over the past month of 122,240 shares..
Gainers Michaels Companies (NASDAQ:MIK) shares rose 22.94% to $22.16 during Wednesday's regular session. As of 12:32 ...