Michael's stores have just been bought.

Discussion in 'Scrapbooking' started by Mickster, Jul 1, 2006.

  1. Mickster

    Mickster <font color=darkorchid>Swapaholics Unite!<br><font

    Joined:
    Apr 21, 2006
    Messages:
    3,668
    I hope they don't close them. I have no other option for shopping here!

    http://www.msnbc.msn.com/id/13644370/
    (I don't know how to make this a link, so if it doesn't work, I'm sorry.)
     
  2. Avatar

    Google AdSense Guest Advertisement


    to hide this advert.
  3. lewdyan1

    lewdyan1 DIS Veteran

    Joined:
    Feb 8, 2005
    Messages:
    14,967
    I hope this means good things are in store for us! I love my two Michaels, and will sadden it they change it. I especially love the weekly 40% off coupons!
     
  4. ddavis860

    ddavis860 <font color=magenta>My dream job is to be the Fair

    Joined:
    Apr 29, 2005
    Messages:
    6,664
    Hmmmmm, does this mean that I get the money for the shares I own, or will I be able to hold on to them? :confused3

    Thanks for the info!!
     
  5. Rena75

    Rena75 Cast Member

    Joined:
    Sep 22, 2005
    Messages:
    342

    I've been wondering what was going on with Michaels - at least in our area our Michaels have not been well stocked for quite awhile now.

    I'm hoping that this means the stores will go back to what they once were! I would hate to see them shut down because I love to go in there and just wander (although that usually gets me into trouble!!). :)
     
  6. lewdyan1

    lewdyan1 DIS Veteran

    Joined:
    Feb 8, 2005
    Messages:
    14,967
    According to the article, you will be paid $44.00 per share. They two groups who bought Michaels are taking the company private.
     
  7. bsmcneil

    bsmcneil DIS Veteran

    Joined:
    May 22, 2006
    Messages:
    613
    DGF works there (right now, as a matter of fact). hopefully this'll be good
     
  8. Mickey&JoshNut

    Mickey&JoshNut <font color=purple>It's not nice to distract the c

    Joined:
    Sep 15, 2004
    Messages:
    4,708

    Thanks for the information.

    I'm in Ontario Canada and in the last couple of days I was at both of our local Michaels stores and I was surprised to find that both stores had under gone a total renovation - signage colours changed and the entire store layout. The colours and layout reminded me of the AC Moore store we recently visited in Niagara Falls NY. I too hope they don't close - I love those 40% off coupons.
     
  9. 123SA

    123SA <font color=darkorchid>He stood on the arm of the

    Joined:
    Apr 12, 2005
    Messages:
    7,604
    If they change to ACMoore, you'll still have your 40% coupons. (50% at ACMoore this week) I have both stores near me and ACMoore consistently has better regular prices and better sale prices. Plus you can sign up to receive ACMoore store coupons on-line. You can print as many as you like, but are supposed to use only one per day.
     
  10. lovingthemouse

    lovingthemouse magic is in the heart of the beholder...

    Joined:
    Dec 28, 1999
    Messages:
    4,232

    Was just at Michael's yesterday -very well stocked! BTW, are you aware that they both offer teacher discounts? You can apply for discounts at both stores- Michael's and AC Moore. I love them both for yarn and scrapping supplies. Just finished a Disney scrapbook tonight and was able to get a few things at each store . Caroline
     
  11. bsmcneil

    bsmcneil DIS Veteran

    Joined:
    May 22, 2006
    Messages:
    613
    AC Moore tends to have poorer service, IMO. But Michael's takes original ACMoore/competitor coupons, so that works out.
     
  12. Grumpy's Gal

    Grumpy's Gal <font color=coral>Of course, who wants to get gold

    Joined:
    Oct 5, 2004
    Messages:
    4,963
    The employee at Michael's that I talked to today said they were told nothing will be changing at the store level........will still have coupons etc.
     
  13. bevtoy

    bevtoy bevs_toy

    Joined:
    Feb 6, 2006
    Messages:
    3,705
    Where do you get the coupons?
     
  14. LisaB

    LisaB DIS Veteran

    Joined:
    May 3, 2006
    Messages:
    1,036
    Usually in the Sunday paper
     
  15. Cruise04

    Cruise04 <font color=CC0099>Oh that is so incredibly cool!<

    Joined:
    Oct 8, 2003
    Messages:
    3,641
    I believe you can also print the coupon out on their website if it's in their weekly ad. But I've never tried so I'm not positive. I hope they don't change too much either but I have also noticed things have not been well stocked over the last month or so in our store - and we have a decent sized store. They did just put all the Sizzix dies under a lock and key and I thought that was strange.
     
  16. LisaB

    LisaB DIS Veteran

    Joined:
    May 3, 2006
    Messages:
    1,036
    AC Moore yes Michael's no
     
  17. BuzzBelleMom

    BuzzBelleMom DIS Veteran

    Joined:
    Jul 13, 2006
    Messages:
    1,767
    Michaels probably put the Sizzix under lock because of theft. Hobby Lobby (when they still carried Sizzix) had to because of that. One store was totally wiped out in one night.
     
  18. Belle's Mom Tink

    Belle's Mom Tink Mouseketeer

    Joined:
    Mar 15, 2006
    Messages:
    296
    I hope they don't change Michael's too much. I get a lot of my scrapbooking stuff there but I have found that AC Moore has more disney stuff lately! :artist:
     
  19. ladyleopard1106

    ladyleopard1106 Mouseketeer

    Joined:
    Jul 7, 2006
    Messages:
    162
    As a Michael's employee, I can tell you the following:

    Michael's will be selling off some of their stores.
    Michael's is building new stores (my store that I'm at is getting a larger one down the road).
    Michael's has put Sizzix under lock and key due to theft. That's why there's all the empty boxes. (People have been stealing mass quantities of those expensive art pencil sets too).
    Michaels does not accept coupons that have been printed.

    And that's about all the thought I can put in at this time...lol...it's been a long sunday!

    ~Lori
    thecraftboutique.etsy.com
    freewebs.com/mizzellesboutique
     
  20. BeadyLady

    BeadyLady <font color=magenta>Survivor<br><font color=darkor

    Joined:
    Feb 2, 2005
    Messages:
    792
    thank you for the update and info - I didn't see a coupon today, so now I might know why. and one thing I so didn't like about Michael's was the way they hide the prices on the register when I checked out. At least in our store - you had to fight to see the prices go by :confused3 , and somehow I wondered if they were hoping I couldn't match against what I thought the price should be.
    AC Moore would be fine.
     
  21. BuzzBelleMom

    BuzzBelleMom DIS Veteran

    Joined:
    Jul 13, 2006
    Messages:
    1,767

    Makes me kind of wonder about those dies on ebay. Not that I am accusing, but why would you take so many, if not to sell?
     

Share This Page