Wednesday, January 30, 2019

Michaels to close Pat Catan’s nearly three years after buying local craft store chain

The Plain Dealer
Michaels confirmed this morning that all Pat Catan’s stores will close, although 12 will be rebranded as Michaels with plans to reopen later this year.

In February 2016, the locally founded, family-run crafts and decor retailer, was acquired by Michaels Companies Inc. for $150 million. Michaels Companies Inc. is the largest arts and crafts retailer in North America, based in Irving, Texas. . . . more