Michaels Stores

Michaels Stores, established in 1973, stands as a dominant force within the global arts and crafts retail industry. Currently managing 929 physical retail locations, the organization offers an expansive inventory of high-quality art supplies, craft materials, yarn, fabric, and sophisticated home décor. Supported by a dedicated workforce of over 10,000 employees, Michaels Stores utilizes a sophisticated omnichannel strategy to deliver inspiration and essential project materials to a vast network of makers, professional artists, hobbyists, educators, and families throughout North America.

The company’s diverse product ecosystem encompasses specialized categories including custom framing, floral arrangements, party supplies, and seasonal merchandise. By maintaining a highly optimized supply chain and a massive retail footprint, Michaels Stores effectively competes against major industry rivals such as Hobby Lobby, Burlington, and Dollar Tree. The firm remains committed to fostering creativity through its physical retail stores and a highly integrated online shopping platform, ensuring the consistent availability of essential DIY, craft industry tools, and exclusive private brand merchandise for its broad consumer base.

Financially, Michaels Stores maintains a significant market position with annual revenue reaching $11.6B. Meet Michaels Stores's team to gain insights into the executive leadership and organizational structure driving these large-scale operations, or Explore financial highlights for comprehensive data regarding their fiscal performance and market growth. As a cornerstone entity in the specialty retail sector, the company continues to innovate its digital and physical shopping experience to meet the evolving demands of its diverse customer demographic.