The Michaels Companies, Inc.

The Michaels Companies, Inc. is a leading North American specialty retailer of arts and crafts materials, dedicated to fueling the joy of creativity and celebration. Headquartered in Irving, Texas, the company operates over 1,300 Michaels stores across 49 states and Canada, alongside its e-commerce platforms Michaels.com and Michaels.ca.

The company's extensive product offerings include approximately 45,000 basic and seasonal stock-keeping units in arts, crafts, framing, floral, home décor, and seasonal merchandise. Beyond its flagship Michaels brand, the company also owns Artistree, a manufacturer of custom and specialty framing merchandise. Michaels features a variety of private brands such as Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, ArtMinds, Artist's Loft, Craft Smart, Loops & Threads, Simply Tidy, Make Market, Foamies, LockerLookz, and Imagin8.

In April 2021, The Michaels Companies, Inc. transitioned from a publicly traded entity to a privately held company following its acquisition by Apollo Global Management for approximately $5 billion. This strategic shift has allowed the company to focus on internal operational enhancements and long-term growth initiatives away from public market pressures. Recent developments include the introduction of new custom framing services in Canada and collaborations with designers for exclusive collections. David Boone serves as the current CEO.