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Michaels ( MIK ) has been a name which I have avoided since the company went public in summer of 2014. At the time I observed that the public offering has been a disappointment as appeal for leveraged private equity IPOs was low. A strong leadership position in arts and crafts retail is ...
Shares of Michaels Companies (NASDAQ: MIK) rose as much as 12.3% on Tuesday. By 1:45 p.m. EST, the arts and crafts retailer 's stock had cooled down to a gain of 7.5%. This jump was powered by an early-morning Trump tweet, which stated that the first phase of a comprehensive trade deal wi...
Shares of Michaels Companies ( MIK +10.6% ) rally as the bouncy trading on the retailer continues. More news on: The Michaels Companies, Inc., Consumer stocks news, Stocks on the move, Read more ...
While the appointment by Michaels Stores ( MIK -4% ) of Walmart exec Ashley Buchanan to the CEO post is seen as a positive, Morgan Stanley sees margin erosion as an ongoing concern for the retailer. More news on: The Michaels Companies, Inc., Consumer stocks news, Stocks on the move, ...
Shares of arts and crafts retailer The Michaels Companies (NASDAQ: MIK) surged higher on Friday due to a sudden shakeup in the executive suite. The stock was trading 24% higher at 1:55 p.m. EST. Michaels has tapped former Walmart executive Ashley Buchanan as its new CEO and president, ...
The stock market continued to tread water during the holiday week, as investors seemed content to leave popular market benchmarks at or near all-time highs. Most companies aren't announcing much in the way of news as the year approaches its end, and there wasn't major economic or geopolitical ne...
Michaels Stores (NASDAQ: MIK ) appoints Walmart executive Ashley Buchanan as its new President and CEO , effective Jan. 6. More news on: The Michaels Companies, Inc., Consumer stocks news, Read more ...
World Class Retail Executive Will Lead Michaels Continued Transformation Mark Cosby to Step Down as CEO Following Leadership Transition and Remain on the Board of Directors The Michaels Companies, Inc. (NASDAQ: MIK) today announced that Ashley Buchanan, an experienced retail exec...
While the Retail space ( XRT ) has provided investors with a few nice winners this year, investors in Michaels Companies ( MIK ) have unfortunately been left with proverbial coal in their portfolios. The stock is down over 55% this year vs. the 10% year-to-date return for the Retail Sector,...
Shares of Michaels Companies (NASDAQ: MIK) fell as much as 10% on Friday morning, hamstrung by a negative analyst report. By 10:20 a.m. EST, the arts and crafts retailer's stock had recovered slightly to an 8.4% drop. Image source: Getty Images. Morgan Stanley downgraded Michaels to unde...
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IRVING, Texas, April 18, 2024 (GLOBE NEWSWIRE) -- Michaels , the best place for all things creative, today announced lower prices on over 5,000 items across categories spanning arts, crafts, DIY and home décor, offering customers everyday savings on the products they shop the most. With ...
IRVING, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Michaels , the best place for all things creative, today unveiled the first-ever brand campaign for MakerPlace by Michaels , the new online marketplace for truly handmade goods, classes and how-to’s, as well as an in-store selling p...
IRVING, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- Michaels , the best place for all things creative, today announced plans to expand the assortment and distribution of fabric to hundreds of store locations, as well as lower prices on the current fabric offering, beginning this month. Fu...