Did you know Michaels has been sold?

[Tamara]

I just heard that Michaels was acquired by a private Equity firm for 3.3 Billion dollars.
Rumor has it that the new owners will be bringing in new vendors. We will have to see what cool things they will entice to NEED. haha

[Lolis]

Hopefully they bring back the coupons!

[Deanna13]

I didn't hear that. Lolis we still have coupons 20 and 30% off, but you can only use them once.

[Tracy F]

It would be nice to see some new vendors. I hardly ever buy anything at Michaels....they never seem to get new products.

[tammyfolk]

It would be nice to see some new vendors. I hardly ever buy anything at Michaels....they never seem to get new products.

exactly.

[Lolis]

I didn't hear that. Lolis we still have coupons 20 and 30% off, but you can only use them once.

I really miss the the 40% and the occasional 60%

[sdwhru]

Hopefully they won’t decrease their scrapbooking section like Joann’s did

[Patti]

Michael's has been sold several times before over the years. The last time I know of was when Archiver's was closing. Hopefully this will be a good thing.