Michaels, a major arts and crafts supplies chain and home goods store, will soon offer something new on its shelves following the purchase of Joann fabric’s intellectual property.

Michaels has acquired craft and fabric retailer Joann's intellectual property and private label brands, including its popular Big Twist yarns, the company announced this week.

Joann fabric and craft stores will live on — sort of. Michaels announced Thursday it has acquired the intellectual property and private label brands of Joann and plans to expand its fabric ...

NEW YORK -- Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels.

Michaels has acquired Joann’s brands, including Big Twist yarn, after Joann's bankruptcy. Here’s what we know.

The Michaels Companies announced Thursday that it has completed its purchase of Joann’s intellectual property and private label brands.

(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 ...