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Michaels Stores, Inc. is an arts and crafts retail chain. It currently operates more than 1262 stores (consisting of 1,145 Michaels stores in the 49 states and Canada and 118 Aaron Brothers stores) as of May 31, 2014.〔http://investors.michaels.com/ 〕 In addition, Michaels produces 10 exclusive private brands including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, Art Minds, Artist's Loft, Craft Smart and Loops & Threads. The corporate headquarters are located in Irving, Texas. The average Michaels store now contains 40,000 different products in 18,200 square feet (1,700 m²) of selling space. The stores sell a selection of arts, crafts, framing, floral, wall décor, bakeware, beads, scrapbooking and seasonal merchandise for hobbyists and do-it-yourself home decorators. Michaels is the largest such chain in the United States. Competitors include Hobby Lobby, Ben Franklin Stores, Jo-Ann Stores, AC Moore and several smaller chains. Canadian competitors include DeSerres. In April 2012, Michaels filed for a $500 million initial public offering (IPO), but it was put on hold due to the chief executive's illness. In June 2014, the IPO was scheduled again. ==History== In 1976, Dallas businessman Michael J. Dupey opened Michaels in the former Northtown Mall in Dallas, Texas. The location closed in the 1990s and is now a technology building.〔(【引用サイトリンク】url=http://www.referenceforbusiness.com/history/Mi-Nu/Michaels-Stores-Inc.html )〕 In 1982, Dallas businessman Samuel Wyly bought controlling interest in Michaels,〔("The 400 Richest Americans: #354, Samuel Wyly" ), ''Forbes'' magazine, September 21, 2006〕 when the company's annual revenues were around $10 million.〔Rigoni, Gene. ("Sam Wyly 'Innovates To Opportunity' Time And Time Again" ), ''Monroe Street Journal'', Stephen M. Ross School of Business, University of Michigan, January 13, 1997〕 After the sale, Dupey founded MJ Designs which was later bought out by Michaels. In 1984, the Michaels chain was first publicly traded. At the time it had 16 stores. In 1994, Michaels acquired the Treasure House Crafts chain in the Northwest United States. It also acquired Oregon Craft & Floral Supply, as well as H&H Craft & Floral. In July 1994, Michaels acquired Leewards Creative Crafts, a 101-unit store chain, which gave Michaels a "solid footing" in the Midwestern and Northeastern regions of the United States. In 1995, Michaels acquired Aaron's Brothers Holdings, Inc., a specialty framing and art supply store. In 1996, sales were $1.24 billion and the company opened its 450th store.〔 By 2003, the company's annual sales were in excess of 3 billion dollars. In 2006, two private equity groups, Bain Capital and the Blackstone Group, purchased the company for $6 billion.〔 The two own equal shares〔 and 93 percent between them. Highfields Capital Management owns another 6.2 percent of the company.〔Oran, Olivia, and Greg Roumeliotis, ("Blackstone, Bain prepare Michaels Stores IPO" ), ''Reuters'', March 27, 2012. Retrieved 2012-03-27.〕 Michaels opened its 1000th store in Texas in the fall of 2008. In 2010, Michaels Arts and Crafts started bringing back a revised class program. These classes include beading, knitting, crocheting, scrapbooking, painting, and cake decorating. In addition, Michaels introduced two bi-monthly do-it-yourself craft nights allowing customers to bring their projects into the store where Michaels provides tools, supplies, and a workspace for crafting. Bead Night for jewelry makers and Crop Night for the scrapbooker both launched in 2010. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Michaels」の詳細全文を読む スポンサード リンク
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