The Michaels Companies, Inc.

The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores for hobbyists 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, 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 application. The company was founded in 1973 and is based in Irving, Texas.