Michaels Stores, Inc. · Irving, TX United States
Company Description
Phone: 972-409-1300
Fax: 972-409-1556
Toll Free: 800-642-4235
View Michaels Stores, Inc. Locations On A US Map
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This link will open in a new window Michaels Stores is pretty crafty. The nation's #1 arts and crafts retailer owns and operates more than a 1,000 Michaels Stores canvassing the US and Canada. Michaels sells more than 40,000 products including art and hobby supplies, décor, frames, needlecraft kits, party supplies, seasonal products, and silk and dried flowers. Michaels also operates about 155 Aaron Brothers stores in Texas and 10 other states, which provide framing and art supplies. The retailer's Artistree subsidiary manufactures frames and molding for Michaels and Aaron Brothers stores. Michaels Stores was taken private in 2006 by the investment firms Bain Capital Partners, LLC , and The Blackstone Group . To read the full description, subscribe now.
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Key Michaels Stores, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | January |
| 2008 Sales (mil.) | $3,862.0 |
| 2008 Employees | 42,000 |
Michaels Stores, Inc. Executives
21 executives listed for Michaels Stores, Inc.'s Irving, TX location.
| Title | Name & Bio | Contact |
| CEO | John Menzer | Network |
| President and COO | Shelley Broader | Network |
| EVP and CFO | Elaine Crowley | Network |
Competition
Competitive Landscape for Michaels Stores, Inc.
Consumer spending is a key driver of demand for toy and hobby stores. In addition, population growth among young children (under 12) drives demand for toy stores, and population growth among women 35 and older drives demand for hobby stores. The profitability of individual companies depends on the ability to generate store traffic and effective merchandising. Large companies offer wide selections and deep discounts. Small companies can compete effectively by offering specialized products, providing superior customer service, or serving a local market. Average annual revenue per employee is $160,000. Toy and hobby stores compete with mass merchandisers. Toy retailers also compete with consumer electronics stores, due to the increasing popularity of electronic toys and video games. Hobby stores compete with fabric and sewing goods stores in select market segments. To read the full description, subscribe now.Top Michaels Stores, Inc. Competitors
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