Michaels Stores

Michaels Stores, founded in 1973, is a leading arts and crafts specialty retailer. The company operates an extensive network of 953 locations, providing a comprehensive range of materials, project ideas, and educational resources for creative activities. Its core business focuses on serving hobbyists, artists, and DIY enthusiasts across various creative disciplines. The retailer offers a diverse product catalog, including craft supplies, art materials, home décor items, seasonal merchandise, and custom framing services. Key product lines feature popular brands like Crayola and Cricut, alongside exclusive private brands, catering to a wide spectrum of creative needs. Michaels Stores is dedicated to fostering creativity and connection through its offerings, enabling customers to engage in handmade projects and personal expression. Meet Michaels Stores's team to understand the personnel driving these initiatives. With a substantial revenue of $11.6 billion, Michaels Stores demonstrates significant market presence and financial strength. The company has a history of financial activity, including a notable stock issuance of $472.2 million in 2014. It competes in a dynamic retail landscape against major players such as Hobby Lobby and Spotlight. Explore financial highlights for detailed performance metrics and investment history. The company employs over 10,000 individuals, underscoring its large operational scale and impact within the retail sector.