With both companies being fully liquidated after a Chapter 11 bankruptcy there's room in the party and hobby space.

The Knit & Sew space in stores, which comes about three months after the craft retailer acquired Joann’s IP, will feature ...

The drugstore retailer, now under a new owner, is making a play for the market segment following the bankruptcy of Party City ...

Months after buying Joann’s intellectual property, Michaels is bringing back a version of the crafts retailer, including beloved items like Big Twist yarn.

With Joann loyalists still mourning the loss of its Mothership, and party planners still scrambling to find banners and balloons, Michaels isn’t wasting any time. The retailer just announced two new ...

When a huge retailer steadily shuts down stores without making a major announcement, it can be hard to see the enormity of ...