Friday, March 18, 2016

Michaels shares optimistic outlook after 2015 success

New store expansion and expectations for same-store sales growth are in store for Michaels Companies in 2016, according to CEO Chuck Rubin.

Rubin sounded an optimistic tone about Michaels’ future following the release of fourth quarter results he characterized as “strong” and attributed to an improved shopping experience, increased customer communications and trend right holiday assortments.. . . more

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