The Michaels Companies Inc - Company Profile
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The Michaels Companies Inc (Michaels) is a retailer of art and crafts in North America. It offers products such as art supplies, yarn and needlework, office supplies, papercraft, fabric and sewing, home and décor, apparel crafts, craft machines, beads and jewelry, floral items, paints, among others. The company markets its products under the Michaels, and Artistree brand names. The company sells its products through physical stores and through e-commerce platform including Michaels.com, and Canada.Michaels.com.. It operates in the US and Canada. Michaels is headquartered in Irving, Texas, the US.
Headquarters
United States of America
Address
3939 West John Carpenter Freeway, Irving, Texas, 75063
Website
www.michaels.com
Telephone
1 972 4091300
No of Employees
11,000
Industry
Retailing
Revenue (2021)
$5.3B
The Michaels Companies Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Canvas | Delivery Services | Michaels |
| Frames | Pick Up Services | Artistree |
| Storage | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In February, the company expanded assortment with new launch of online marketplace. |
| 2022 | Contracts/Agreements | In February, the company partnered with Criteo SA to enable retail media advertising on Michaels.com. |
| 2022 | Contracts/Agreements | In January, the company expanded their partnership with Instacart to offer same-day delivery from our stores in Canada. |
Competitor Comparison
| Key Parameters | The Michaels Companies Inc | Amazon.com Inc | Johnson Outdoors Inc | A.C. Moore Arts & Crafts, Inc. | Hobby Lobby Stores Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Irving | Seattle | Racine | Berlin | Oklahoma City |
| State/Province | Texas | Washington | Wisconsin | New Jersey | Oklahoma |
| No. of Employees | 11,000 | 1,500,000 | 1,400 | - | 43,000 |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andrew Jhawar | Chairman | Executive Board | - | - |
| Ashley Buchanan | Chief Executive Officer; Director | Executive Board | 2020 | - |
| Michael Diamond | Chief Financial Officer | Senior Management | 2020 | - |
| Uma Bhemisetty | Executive Vice President; Chief Information Officer | Senior Management | - | - |
| Brynn Evanson | Executive Vice President; Chief Human Resources Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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