When Michaels Cos. tapped a new CEO in early 2025, the company’s chairman, 25-year Apollo Global Management Inc. veteran Andrew Jhawar heralded the moment as “an exciting period of opportunity” for ...
Its new CEO is focused on opening re-imagined stores, with features aimed at customers’ desire for hands-on experiences and ...
Michaels is cutting prices on more than 3,000 items, the arts-and-crafts retailer announced this week, as it steps up efforts to appeal to shoppers paying closer attention to their budgets. The cuts ...