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MIK News and Press, The Michaels Companies Inc. From 05/15/23

Stock Information

Company Name: The Michaels Companies Inc.
Stock Symbol: MIK
Market: NASDAQ
Website: michaels.com

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MIK - Camp Creatology, Michaels' Free Summer Crafting Camp for Kids, Returns with New Project Kits and In-Store Classes Nationwide

IRVING, Texas, May 15, 2023 (GLOBE NEWSWIRE) -- Michaels , the largest specialty arts and crafts retailer in North America, today announced that Camp Creatology , its free kids’ summer craft classes, will be available in all 1,290 Michaels stores along with all-new project kits tha...

MIK - Michaels Expands Online Assortment with New Third-Party Marketplace

IRVING, Texas, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Michaels , the largest specialty arts and crafts retailer in North America, today announced the launch of its new online marketplace with an expanded assortment to better support the tens of millions of creatives visiting Michaels.com each mont...

MIK - Say Hello to the New Michaels Credit Card(TM) and Earn 9% in Rewards Every Day

IRVING, Texas, Feb. 15, 2023 (GLOBE NEWSWIRE) -- The new Michaels Credit Card offers a way to earn 9% in Rewards every day 1 – the most Rewards ever for our most loyal customers! Artists, makers, teachers, decorators and all other creatives looking for more value from their favori...

MIK - Cricut Grows International As It Faces Inflation Pressures

Cricut went public in March 2021, raising $306 million in an IPO. The company sells craft-making equipment and related products to consumers worldwide. CRCT has felt the negative effects of cost inflation and a waning pandemic. Until management demonstrates it can pass through...

MIK - Michaels and Project Sunshine Bring 30,000 Craft Kits to Pediatric Patients Nationwide

Partnership will bring arts and crafts to children who require long-term hospital stays Kits provide joy and happiness during the healing process The Michaels Companies, Inc. and Project Sunshine are partnering this holiday season to bring joy to pediatric pa...

MIK - UPS to hire over 100,000 essential workers for upcoming holiday season

In preparation of peak holiday season, UPS (UPS -1.1%) expects to hire more than 100,000 essential seasonal employees to support the anticipated annual increase in package volume that will begin in October 2021 and continue through January 2022. Over the last three years, about one-third of p...

MIK - Tracking John Paulson's Paulson & Company Portfolio - Q2 2021 Update

John Paulson’s 13F portfolio value remained steady at $4.35B this quarter. Paulson & Company's added DiDi Global & increased Occidental Petroleum while reducing Viatris and dropping Takeda. The top three positions are at 45% of the portfolio. For further detai...

MIK - Michaels to Hire Over 20,000 Employees for the Holiday Season

Seasonal Hiring Event on August 28 in U.S. stores and September 18 in Canadian stores. The Michaels Companies, Inc., the largest arts and crafts retail chain in North America, today announced it will hire over 20,000 seasonal positions across its U.S. and Canada stores and d...

MIK - Tracking Larry Robbins' Glenview Capital Management Portfolio - Q1 2021 Update

Glenview Capital Management’s 13F portfolio value increased from $4.36B to $5.90B this quarter. The number of positions increased from 54 to 63. They increased AmerisourceBergen, Facebook, Alphabet, and Baxter International while reducing Laboratory Corp. and dropping Expedia G...

MIK - Tracking John Paulson's Paulson & Company Portfolio - Q1 2021 Update

John Paulson’s 13F portfolio value increased from $3.85B to $4.35B this quarter. Paulson & Company added Perpetua Resources and increased Alexion Pharmaceuticals while dropping Discovery and ViacomCBS during the quarter. Their top three positions are at 45% of the entir...

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