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The Michaels Companies, Inc. recently announced it has completed the acquisition of the intellectual property and private label brands of JOANN, including the development of JO-ANN brands, such as Big Twist, as part of the Michaels portfolio.
In addition, Michaels is expanding its fabric, sewing, and yarn assortment, adding over 600 products across new and existing brands, including sewing and quilting supplies, fabric, yarn, specialty threads, sewing machines and more.
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