About Michaels Stores, Inc. (adapted from Michaels Stores, Inc. prospectus):
Michaels is the largest arts and crafts specialty retailer in North America. They offer crafting classes, store events, project sheets, store displays, mobile applications and proprietary online content.
Michaels stores showcase artistic and creative products and provide an opportunity for store associates to interact with customers and help them develop creative ideas. They carry approximately 35,000 stock-keeping units ("SKUs") in arts, crafts, scrapbooking, floral, framing, home decor, seasonal offerings and children's hobbies.
In recent years, Michaels has created a team and infrastructure dedicated to designing, sourcing and delivering merchandise, including a growing number of products under their portfolio of private brands. These private branded products are only available at Michaels.
This description is adapted from Michaels Stores, Inc. prospectus. This description is not intended to be a recommendation to buy stock from this company. We do not claim that all of the statements above were researched and found to be true. We present them as a general description based on what the company has said about itself at the time that they submitted their prospectus for an IPO offering. To see the company's full description, view their prospectus..