In a significant shift for the crafting community, Michaels has acquired Joann’s intellectual property and private label brands, including the beloved Big Twist® yarn line. This move comes after Joann’s recent bankruptcy and the closure of all its stores nationwide. For crafters, this acquisition brings several noteworthy changes.
Michaels Acquires Joann
| Change | Impact |
|---|---|
| Joann Stores Closed | All Joann stores have shut down as of May 31, 2025. |
| Michaels Acquires Joann’s IP | Michaels now owns Joann’s intellectual property and private label brands. |
| Expanded Product Selection | Michaels is adding over 600 new fabric, sewing, and yarn products. |
| Big Twist Yarn at Michaels | Joann’s Big Twist yarn line will be available at Michaels stores and online. |
| Dedicated Joann Customer Page | Michaels has created a landing page to welcome former Joann customers. |
The acquisition of Joann’s intellectual property and private label brands by Michaels signifies a major shift in the crafting retail landscape. While the closure of Joann stores marks the end of an era, Michaels’ expanded product offerings and dedicated efforts to welcome former Joann customers provide a promising path forward for the crafting community.
1. Joann Stores Have Closed Nationwide
As of May 31, 2025, all Joann Fabrics stores have officially closed following the company’s second bankruptcy filing. This marks the end of an era for a retailer that has been a staple in the crafting community for decades. Crafters who relied on Joann for fabrics, yarns, and other supplies are now seeking alternatives.
2. Michaels Acquires Joann’s Intellectual Property and Brands
Michaels has successfully acquired Joann’s intellectual property and private label brands, including the popular Big Twist® yarn line. This acquisition does not include Joann’s physical store locations but allows Michaels to integrate Joann’s product lines into its own offerings.
3. Expanded Product Selection at Michaels
In response to increased demand, Michaels is expanding its fabric, sewing, and yarn assortments by adding over 600 new products. This includes sewing and quilting supplies, fabrics, yarns, specialty threads, sewing machines, and more. The expansion aims to fill the void left by Joann’s closure and cater to the needs of crafters nationwide.
4. Big Twist Yarn Now Available at Michaels
Fans of Joann’s Big Twist® yarn line will be pleased to know that Michaels is now offering these products both in-store and online. The integration of Big Twist® into Michaels’ product lineup ensures that crafters can continue to access their favorite yarns without interruption.
5. Dedicated Landing Page for Former Joann Customers
To welcome former Joann customers, Michaels has created a dedicated landing page featuring updates and a curated assortment of products. This initiative aims to provide a seamless transition for crafters and assure them that their creative needs will continue to be met.
Additional Resources for Crafters
While Michaels is expanding its offerings, crafters may also explore other retailers and online platforms to source their materials:
- Etsy: An online marketplace supporting independent fabric and yarn sellers.
- Mood Fabrics: Offers a wide range of fabrics for various projects.
- Wawak: Specializes in sewing supplies and accessories.
- Fabric Mart: Known for quality fabrics at competitive prices.
- Yarnspirations: Provides a variety of yarns and patterns.
- Hobbii: Offers a broad selection of yarns and knitting supplies.
- 123Stitch: Caters to embroidery and needlework enthusiasts.
- Snuggly Monkey: Focuses on needlework and quilting supplies.
These alternatives ensure that crafters have multiple avenues to continue their creative endeavors despite the closure of Joann stores.
