Changes at Michael's Craft Store

minnie_txApril 10, 2007

I was in my local store today and they were moving everything around. How come I asked. The manager said they were making room for Martha Stewart. I asked what she was selling and he said Scrapbook supplies so the old stuff will be going on sale.

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honeysuckleridge

Since they were bought out, I believe November...I've been keeping my eye out to watch for changes.
I'm not a Martha fan so I'm not nibbling for her scrapping supplies.

ginger

    Bookmark   April 10, 2007 at 6:36PM
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minnie_tx

Since they were bought out, I believe November... I had no idea. Tell us more!!

    Bookmark   April 10, 2007 at 7:51PM
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luvstocraft

Wow! I hadn't heard they were bought out either. Do you know who bought them? And any other details?

Luvs

    Bookmark   April 10, 2007 at 9:29PM
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honeysuckleridge

Michael's had been for sale for over year when they were purchased.
Here's a small snippet article...

http://retailconstructionmag.com/nm-newsshow.asp?story=489

Wish I had owned original shares...wow that was some sort of payout for the original investors.

ginger

    Bookmark   April 10, 2007 at 9:48PM
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