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Michaels is a privately held company that operates 1,252 stores in the U.S. and Canada, selling arts, crafts, framing, floral and wall décor products. Founded in 1973, it is part of The Michaels Companies and has several private brands and partnerships.
The Michaels Companies, Inc. is an American retail holding company, headquartered in Irving, Texas.It was formed as a parent company of Michaels in 2014. As of 2021, The Michaels Companies operates its flagship brand, Michaels (in the United States and Canada), and Artistree, a manufacturer of custom and specialty framing merchandise.
What's more, the company is testing MakerPlace by Michaels, an online marketplace it has launched that will allow people to sell their arts and crafts online on a site similar to Etsy.
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