Soon Arizona shoppers can buy Joann sewing products at Michaels. What to know [USA TODAY]
Tandy Leather Factory, Inc. - common stock (TLF)
US:NASDAQ Investor Relations:
ir.tandyleather.com
Company Research
Source: USA TODAY
Michaels purchased Joann's intellectual property and private label brands. Michaels will expand its fabric and yarn selection with former Joann products. Fabric and craft retailer Joann shut its doors for good in February 2025 after filing for Chapter 11 bankruptcy twice within a year. By the end of May 2025, Joann closed approximately 800 stores in the United States, including 17 Arizona locations Not even a month later, on Thursday, June 5, Michaels announced that it has acquired Joann's intellectual property and private label brands — including the Big Twist brands. Michaels will expand its fabric, sewing and yarn assortment by adding more than 600 products including Brother and Singer sewing machines, Oliso Smart Irons and needle crafting kits from DMC and Loops & Threads. "This acquisition allows us to better serve both new and existing customers, respond to rising demand across categories, and build on our momentum as the destination for creating and celebrating in
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Sec Filings
- 11/10/25 - Form 8-K
- 11/10/25 - Form 10-Q
- 10/22/25 - Form S-8
- TLF's page on the SEC website