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MIK - Michaels: Dour Holiday Decor Season Expected As Distressed Liquidations Sap Demand
The Michaels Companies Inc.
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Michaels has a shrinking core business typical of brick and mortar retail
Much has been written about declining brick and mortar retail businesses. This isn't meant to be a repetitive discussion of deep value on the bull side versus terminal decline on the bear side. I am focusing on how I expect the market's expectations for Michaels to evolve over the next 3 months and will largely focus