I've got a Michaels, a Hobby Lobby and a JoAnn Fabrics all within a one-mile radius of my home. The answer, OP, is fraus. My sister-in-law is a crafter. She makes crap to sell on Etsy (probably not enough to recoup the cost of materials). The craft crap takes up an entire room of the house.
Our Michaels is always empty. I think it's like Kmart - exists on old momentum.
Wiki lists owners as \tBain Capital, Blackstone Group, and Highfields Capital Management.
I expect it will be saddled with a lot of debt and then liquidated.
It's what they do.
Smart people only shop there for the sales.
40% off is pretty damn nice.
[quote]'ve got a Michaels, a Hobby Lobby and a [bold]JoAnn Fabrics[/bold] all within a one-mile radius of my home.
Always makes me think of this:
[italic]Joe: I uh I never picked up an illegal alien at Home Depot to take home a choke me while I touch myself.
Quagmire: Oh come on!
Peter: I never did the same thing except with someone from Joann Fabrics.
Quagmire: Oh God this is ridiculous. You guys suck! [/italic]
Like Joanne and JCPenney, they've made the mistake of programming customers to expect the discount.
You don't drop in to pick something up without that coupon.
Sales should be bi-annual affairs with buzz instead of weekly circulars.
They aren't sales. The prices are jacked way up, so then the fraus who love coupons think they are getting a deal.
Kohl's is notorious for those "sales" too.
I buy supplies there. Useful stuff is buried amid the crap.
R9, that is not Michael's and JC Pennys, it all retail. It started in the 1980s with Macys and the May Co. Americans are so trained to shop sales that one really could not go to the European model of sales twice a year. Nobody would buy anything.
It is part of the 1980s "sell the sizzle, not the steak" mentality. Americans are so addicted to the emotional rush of the sale experience, that they really do not pay much attention to the product.
Heck, even IKEA has an IKEA Family promotion because they have found that Americans will not buy without a sale.
Donna Dewberry is a true bitch and she can kiss my black ass!
[quote]Donna Dewberry is a true bitch...[/quote]
more details, please
well, you know: We rant about them all the time! One is probably sitting in a cube near you at work every day.
Can't stand to go in there because the whole place smells like eucalyptus.
They do a good job of framing stuff, though. Expensive, but I've been pleased with the results.
Snobbery is alive and well with some folk.
I make candles at home, and Michael's has good paraffin, wicks and scents.
So sue me.
My favorite story to tell about Michaels, we got something framed there and picked up some other stuff, as we are in this very large line to pay (there was one poor girl working the register) I see this manager type stroll up and grab the phone. I think, oh good he is calling in more cashiers. Nope...he dials the phone looking at all of us in line with contemp and here is the exact conversation
"Phil? It's Randal..Yeah we are swamped! I know. What are you up to? Uh huh. uh huh. Cool, okay I will call you later."
and he walks away.
Have only been to one once. They seemed not to know about simple stuff. Most of the merchandise reminded me of what places like Woolworth's used to sell. AC Moore seems to be the new kid to sell this junk. If Michaels is owned by vulture capitalists, then it its's well on its way to death.
Best $2.50 art brushes ! I use them and then throw them away!
Love my Michaels....pretty crystal thingys on monofilament too
I take my grandmother there a couple times a year. She buys random shit like fake greenery and Wilton cake pans.
They have great sales and some really nice decor when you get past the pipe cleaners and googly eyes. Framing is a steal. Maybe you should go in, you might become inspired!
I buy some of my yarn there, but never without a coupon. They got a lotta' shit there, you can spend an afternoon going through everything