Michaels Stores, Inc.

Irving, TX United States

  (NYSE: MIK)

Company Description

Michaels Stores is crafty. The nation's #1 arts and crafts retailer owns and operates about 1,065 Michaels Stores across the US and Canada. Michaels sells some 35,000 products, including art and hobby supplies, décor, frames, needlecraft kits, party and seasonal products, and silk and dried flowers. It also offers 10 private brands, including Artist's Loft, Art Minds, and Craft Smart. It provides framing and art supplies though some 130 Aaron Brothers stores in California, Texas, and half a dozen other states. The company's Artistree subsidiary manufactures frames and molding for Michaels and Aaron Brothers stores. Michaels Stores, owned by Bain Capital Partners and The Blackstone Group, has filed to go public.