Michaels Store, Inc.

Michaels Stores, Inc. is a specialty retail company founded in 1973 by Michael J. Dupey, with its headquarters located in Irving, Texas. The company operates as a leading retailer of arts, crafts, framing, floral, wall decor, and seasonal merchandise, serving both hobbyists and professional crafters through its extensive network of stores and online platform. Michaels has grown to become one of the largest arts and crafts retail chains in North America, with a focus on providing creative supplies and services for DIY projects and home decor.

Business/Product Breakdown

Michaels Stores, Inc. offers a wide range of products and services centered around arts, crafts, and home decor, catering to DIY enthusiasts, artists, and event planners. Its product offerings include art supplies, such as paints, brushes, and canvases; crafting materials like yarn, beads, and fabrics; and seasonal décor for holidays and events, including Christmas collectibles like Lemax villages. The company also provides custom framing services, offering a variety of molding options and professional design consultations for personalized framing solutions. Additionally, Michaels sells party supplies, such as pre-inflated balloons for events, and sewing supplies, supported by project ideas and free classes during events like National Sewing Month. Its online platform enhances accessibility with options for in-store pickup and a broad selection of exclusive products, such as Caron yarn cakes. Michaels emphasizes affordability through frequent promotions and a loyalty program, ensuring a comprehensive shopping experience for creative projects.